1-bedroom flat · MK6 3DT
Sold STCReduced £15k (−10.7%) on 18 SepListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price £140,000 - £150,000 ** The Mount, Simpson (Over 55’s Retirement Flat) Set within the highly regarded and welcoming community of The Mount in Simpson, this charming one-bedroom retirement apartment offers comfortable, low-maintenance living in a peaceful yet well-connected location.
The development is particularly known for its strong sense of community, where residents enjoy a friendly and supportive environment-perfect for those seeking a relaxed lifestyle with like-minded neighbours.
The Mount occupies an enviable position within Simpson, an area celebrated for its village feel while remaining close to local amenities, transport links, and green spaces.
Residents benefit from easy access to nearby shops, services, and Milton Keynes’ wider facilities, all while enjoying the tranquillity and character that Simpson provides.
The development itself is thoughtfully designed to encourage social interaction, with communal areas and beautifully maintained surroundings that foster a genuine sense of belonging.
The property is accessed via a well-kept communal entrance hall, leading into the apartment’s own private entrance hall.
Inside, the accommodation is well-proportioned and thoughtfully arranged, comprising a bright and comfortable lounge/diner, ideal for both relaxing and entertaining, alongside a practical kitchen.
The bedroom offers a peaceful retreat, while the bathroom is conveniently positioned and accessible.
Externally, residents can enjoy the delightful communal gardens, which are well established and carefully maintained.
These attractive outdoor spaces provide a lovely setting to unwind, socialise, or simply enjoy the changing seasons in a safe and welcoming environment.
Overall, this property presents an excellent opportunity to become part of a close-knit retirement community in one of Simpson’s most desirable developments, combining comfortable living with a superb location and a strong sense of community.
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
Agent & docs
FAQ
About 11, The Mount, Milton Keynes
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