Modern Method of Auction
Auction date not yet published
4-bedroom house · MK13 0PH
For saleListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *** modernisation required - priced to sell *** A four bedroom home located in Bancroft that requires modernisation and ofers a great opportunity to create a wonderful family home.
Contact us today for further information and to arrange your viewing.
Description Connells Estate Agents are delighted to be able to offer for sale this fantastic detached family home in the popular location of Bancroft that offers a wealth of potential.
This property comprises of entrance hall, downstairs WC, lounge, dining room, kitchen, and a conservatory.
First floor landing, primary bedroom with en-suite, three further bedrooms, and a family bathroom. Outside front garden, driveway leading to the rear garden and garage.
Property has many benefits close to local amenities, schools, main shopping center, main train station and access to all major road links. Call Connells Milton Keynes to arrange your viewing!
Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.
Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Area Bancroft is situated to the North of Milton Keynes and provides easy access to the A5 and major road links. Central Milton Keynes is a short drive away.
Here you will find a large array of retail, recreational and entertainment facilities at Centre:mk, the Theatre District and Xscape building.
Milton Keynes Central railway station also offers regular and direct train links into London Euston, with journey times of approximately 33 minutes.
There are also pleasant outside spaces providing good walking and exercising opportunities in the local area, including Loughton Valley Park.
Entrance Hall Downstairs Wc Lounge Dining Room Kitchen Conservatory First Floor Landing Bedroom 1 En-Suite Bedroom 2 Bedroom 3 Bedroom 4 Family Bathroom Front Garden Rear Garden Garage Driveway 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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 7, Rudchesters, Milton Keynes
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