2-bedroom terraced house · MK44 2RB
Sold STCListed 35 daysAuction 14 Oct · ended
Opportunity summary
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About
For sale by auction on Wednesday 14th October 2026 at 12:00 pm Auction Venue: The Woughton House Hotel, Newport Road, Woughton-on-the-Green, Milton Keynes MK6 3LR This is an in-room auction which will also be live-streamed with availability for internet, telephone and proxy bidding.
Requiring significant refurbishment, this extended end-of-terrace cottage is situated at the end of a no-through lane on the outskirts of the village.
Description This two-bedroom cottage is positioned at the end of a terrace of three houses, on a private lane towards the edge of Ravensden village, just 2 miles from Brickhill, and 3 miles from the centre of Bedford town.
The property is in poor condition and requires a full renovation. The house has been extended on the ground floor, providing an entrance hallway and bathroom-suite.
The entrance hallway leads on to a main living space which includes a small kitchen area, door to the rear patio and stairs to the first floor.
There is also a lounge accessed from this central living room, and the first floor serves two bedrooms. The property is accessed via a shared right of way along the lane which is off the main road.
There is a small patio terrace which extends from the side to the rear of the house, and there are rights of way over neighbouring grounds to two outbuildings, for details concerning this please refer to the legal pack.
Accommodation Ground Floor: Entrance hall, bathroom, living room/kitchen, lounge. First Floor: Landing and two bedrooms.
Exterior There is a gravelled access lane leading to the property from the main roadway.
To the side and rear of the building there is a patio terrace, and a neighbouring fence and hedging to the rear, separating the boundary to the garden next door.
EPC Rating Tbc VAT VAT is not applicable Viewings We will be holding open-house viewings towards the end of September.
As soon as the dates and times have been set, we will let everyone know who has registered for the legal pack via e-mail, and they will also be published on our website.
Buyers Premium There is no Buyer's Premium payable on this lot. Administration Charge Purchasers will be required to pay an administration fee of £1,500 incl. VAT
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 3, Chapel Lane, Ravensden
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