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See how verdicts work1-bedroom flat · MK9 2BU
For saleReduced £10k (−6.3%) on 1 OctListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Why buy this home? Introducing Chelsea House, a second-floor apartment offered for sale with no onward chain.
Whether you're a first-time buyer looking to take your first step onto the property ladder, or an investor searching for a property with excellent potential, Chelsea House could be the perfect opportunity.
Located in the heart of Milton Keynes and just around a 5-minute walk from Milton Keynes Central railway station, the apartment is ideally positioned for commuters and anyone wanting the convenience of city-centre living.
With independent coffee shops, Sainsbury's, the theatre and a range of shops and restaurants all close by, everything you need is right on your doorstep.
Situated on the second floor and benefiting from lift access and secure underground parking, Chelsea House offers both convenience and peace of mind.
The apartment also benefits from fantastic views across Milton Keynes, a very impressive outlook from the home.
Inside, Chelsea House comprises a bright living room with access to the kitchen, a generous double bedroom with built-in wardrobes, and a family bathroom.
The apartment has been recently redecorated, with new flooring to the living area, giving the home a fresh feel for the new owner.
The secure underground parking is another standout feature, particularly for those living in the city centre, providing a designated and secure place to park, Offered with no onward chain, Chelsea House could be ideal for buyers looking to move quickly and avoid the delays often associated with a property chain.
50% Shared Ownership or 100% Full Ownership Chelsea House offers buyers the flexibility to purchase either 50% shared ownership or 100% of the property at full market value, making it an appealing option for a range of buyers depending on their circumstances and budget.
More about this location Chelsea House is ideally positioned for commuters, with Milton Keynes Central railway station approximately a 5-minute walk away, providing easy access to London and other major destinations.
With the city centre's shops, cafés, restaurants and entertainment all within easy reach, the location is particularly well suited to those looking for a convenient, connected lifestyle without having to rely on the car Disclaimer The mention of any appliance and/or services to this property does not imply that they are in full and efficient working order, and their condition is unknown to us.
Unless fixtures and fittings are specifically mentioned in these details, they are not included in the asking price.
Even if any such fixtures and fittings are mentioned in these details it should be verified at the point of negotiation if they are still to remain.
Some items may be available subject to negotiation with the vendor.
We may recommend services to clients, to include financial services and solicitor recommendations for which we may receive a referral fee, typically between £0 and £250 + VAT
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 23., 599, Chelsea House, Milton Keynes
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