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See how verdicts work1-bedroom flat · MK14 7QA
Listing removedListed 133 days
Opportunity summary
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About
Property number 51084. Enquire through Rightmove's messaging system and we'll respond within 5 minutes, 24/7.
*** OFFERED CHAIN FREE *** This IDEAL INVESTMENT OPPORTUNITY or FIRST-TIME BUYERS home benefits from UPVC DOUBLE GLAZING throughout, plus SHARED GREEN SPACE to the FRONT ASPECT and ALLOCATED PARKING for ONE VEHICLE.
A generous sized 1-bedroom apartment on the first floor with fantastic natural light and double-glazed windows.
Downs Barn is a popular location in Milton Keynes benefiting from close proximity to Central Milton Keynes Shopping Centre, Campbell Park, Bus Station, local restaurants, and other further amenities.
All brand-new installed appliances: dishwasher (MIELE), cooker (Rangemaster), hob (AEG), fridge/freezer (MIELE) washer/dryer (AEG) Specification is of a high standard including fully integrated kitchen oak wooden work top, wooden flooring throughout, USB plug points, fully tiled bathroom, kitchen hallway and phone entry systems.
The accommodation comprises: entrance hall with 3 storage cupboards, living/room, double bedroom with great space for storage, kitchen/diner/wash room, one double bedroom and a family bathroom.
Outside the property offers allocated parking for one car. Ideal for first time buyers or a fantastic buy to let.
Rental income achievable on this flat is between £1,300 Leasehold: 89 years to (179 years if buyer wishes lease to be extended) Service charge: Approx.
£1200 Ground rent peppercorn: £10.00 Lease term extendable by another 90 years. New 2025 legislation may provide for 999 year extended lease if required.
First floor apartment situated in the sought after location of Downs Barn, which offers variety including picturesque walks through Campbell Park, walking distance (appr.
20mins ) to the Xscape, Theatre District, Shopping Centre:MK and lots of fantastic bars, restaurants and shops.
Milton Keynes also has a railway station with regular and direct links into London Euston, with approximately 30 minutes journey times.
The accommodation in brief comprises; staircase access to 1st floor, entrance hallway, kitchen/dining room, wash room, sitting room, one bedroom and a family bathroom.
Please note the following charges: Ground rent £10 pa. Service charge : £1200 pa Council Tax Band: A EPC Energy Rating: C
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Downs Barn Boulevard, Downs Barn, Milton Keynes, MK14
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