2-bedroom terraced house · MK46 4BL
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Victorian stone built two double bedroom end of terrace property with an off street parking space to the rear, situated in the historic market town of Olney.
The accommodation includes a sitting room which has a feature fireplace with an inset gas fire, a bay window to the front with shutters, and is open plan to the dining room which has a glazed door to the rear.
Also on the ground floor is a breakfast room which leads to the fitted kitchen, a laundry room with spaces for appliances and the boiler, a cloakroom, and a dual aspect lean-to utility room with a door to the rear garden.
On the first floor there is a principal bedroom with a range of built-in wardrobes and a dressing table, a further double bedroom with built-in wardrobes, and a fully tiled four piece bathroom which has a panelled bath, a walk-in shower, a vanity wash basin, a WC, a heated towel rail, and underfloor heating.
The property has gas to radiator heating.
Kitchen The kitchen has a range of modern full height, wall and base units with quartz work surfaces incorporating a one and a half bowl sink with a mixer tap over.
Built-in appliances include an eye level double oven and microwave, an induction hob, a slimline dishwasher, and a fridge/freezer.
Tiled flooring continues into the breakfast room which has an understairs storage cupboard. Outside The front is block paved with shrub borders.
The enclosed sectioned rear garden is mainly laid to paving with seating areas, raised shrub beds and climbers, an outside tap, and a summer house.
Gated access at the rear of the garden leads to a brick built storage shed and parking area for one car.
Situation and Schooling Olney was featured in the Sunday Times “best places to live” in 2018 and 2022 and has shops, pubs and restaurants, a weekly market and a monthly farmers’ market.
There are clubs for football, rugby, tennis, cricket and bowls and it is less than a mile from Emberton Country Park.
Catchment schools are Olney Infant Academy, Olney Middle school, and Ousedale secondary school, or there is a bus to the Harpur Trust schools in Bedford.
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 Midland Road, Olney, Buckinghamshire, MK46
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