2-bedroom flat · MK10 9UB
For saleListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroom Ground Floor Apartment – 55% Shared Ownership – Oakgrove – £152,000 – No Upper Chain Located in the sought-after area of Oakgrove, this well-presented ground floor apartment is offered for sale on a 55% shared ownership basis and benefits from no upper chain.
The property features a bright open-plan lounge/diner and kitchen, creating a modern living space ideal for everyday living.
There are two bedrooms, including a main bedroom with en-suite, along with a separate family bathroom. Externally, the property benefits from off-road parking and access to a balcony/garden area.
Ideally situated close to local amenities, transport links, and within good school catchments, this is an excellent opportunity for first-time buyers or investors in Milton Keynes.
Entrance Hall Door from hallway, doors to lounge/diner/kitchen, bedroom 1 & 2, bathroom, airing/UTILITY cupboard with cylinder, electric radiator, phone intercom system.
Lounge/Diner 13.5ft x 24.25ft French doors with double glazed windows to Balcony/GARDEN area, double glazed window to side aspect, TV and phone point, wall mounted electric radiator, opening to kitchen.
Kitchen Fitted with eye and base level units with worktop over, built in Bosch electric oven, electric Bosch hob with extractor hood, under cupboard lighting, 1 1/2 bowl stainless steel sink with mixer tap, integral fridge/freezer, laminated flooring, double glazed window to side.
Bedroom 1 8.25ft x 16.42ft Double glazed window, door to En-suite, wall mounted electric radiator, carpeted flooring, storage wardrobe with shelving.
En-Suite Walk in shower, low level WC, hand basin, towel rail, tiled splash back, extractor fan.
Bedroom 2 9.58ft x 10.33ft Double glazed window, wall mounted electric radiator, carpeted flooring.
Bathroom Bathroom comprises of a three piece suite with shower over bath with glass shower screen, low level W.C.
hand basin, tiled splash back, laminated flooring, shelving storage area with mirror, electric shaving point and towel rail.
Outside/Parking One off road allocated parking space, patio garden area.
Services RICS Full market value: £280,000 (expiry 08/10/2025) Percentage for sale: 55% (£154,000) - based on RICS Rent: £357.04 p/m Service charge: £243.58 p/m Ground rent: £150 p/a Please note that this property comes with the option to staircase ownership shares: Please Note These particulars do not constitute part or all of a contract.
All measurements are approximate and potential buyers are advised to recheck the measurements before committing to any expense.
Amelia Rose has not tested any apparatus, equipment, fixtures, fittings or services and it is in the buyers interests to check the working condition of any appliances.
Amelia Rose has not sought to verify the legal title of the property and the buyers must obtain verification from their Solicitor.
Amelia Rose reserve the right to offer a range of other services, which include financial and conveyancing services, from which we may derive other commission or fees.
Under Money Laundering Regulations, intending purchasers will be asked to produce photo identification documentation and proof of address and we would ask for your co-operation in this matter.
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 Micro House, Gambit Avenue, Oakgrove
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