2-bedroom flat · MK46 5PW
Sold STCListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**A RARE FIND WITH ITS OWN PRIVATE GARDEN** Offering a fantastic combination of location, outside space and practical accommodation, this two-bedroom ground floor apartment is situated in the sought-after market town of Olney, with the added advantage of a private rear garden backing directly onto the ever-popular Johnsons Field.
Step inside and the accommodation is well arranged, with a comfortable lounge providing a welcoming space to relax and unwind.
The separate kitchen offers plenty of room for everyday needs, while the bathroom serves the two bedrooms. Both bedrooms are well proportioned, making the property suitable for a variety of buyers.
The second bedroom could equally work well as a guest room or dedicated home office for those looking for flexible space. One of the real highlights of this apartment is undoubtedly the outside space.
Unlike many properties of this type, it benefits from its own private rear garden, providing somewhere to sit outside, entertain friends or simply enjoy some fresh air during the warmer months.
With the garden backing onto Johnsons Field, the position adds further appeal and provides easy access to one of Olneys most popular open spaces.
The property also benefits from allocated parking, adding valuable convenience.
Situated within the popular market town of Olney, the apartment is well placed for the towns excellent range of independent shops, cafés, pubs and restaurants, as well as the historic Market Place and High Street.
Combining ground floor living, two bedrooms, private outside space, allocated parking and a superb position backing onto Johnsons Field, this is a property that should appeal equally to first-time buyers, downsizers and investors.
Council tax band B Ground rent £10 per annum 152 year lease
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Dickens Spinney, Olney
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