Studio flat · MK7 7LL
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well maintained ground floor studio maisonette, situated in the desirable area of Walnut Tree.
The location is ideally situated for commuters with road links to J13 & J14 of the M1 as well as train lines to both London and the North.
The Kingston shopping district and Milton Keynes shopping centres are within easy reach and is located within the Walton High School and Heronshaw Primary School catchment, in addition to being in close proximity to Caldecotte Lake for lovely walks.
The accommodation in brief comprises lounge/bedroom with fitted storage, kitchen with built in oven and hob, dressing area/study and a bathroom.
The benefits include UPVC double glazing, rear garden, allocated parking, long lease with 953 years remaining and a peppercorn ground rent with no charges to pay.
The Property would make an ideal first time buy or buy to let investment and is offered with no upper chain. EPC Rating C.
Lounge/Bedroom Area Entered via composite door with obscure double glazed panels. UPVC double glazed window to front aspect. Wall mounted electric radiator. Built-in storage cupboards.
Open reach point. Double doors to airing cupboard. Door to dressing area/study. Open plan to kitchen area.
Kitchen Composite door with obscure double glazed panel and UPVC double glazed window to rear aspect.
Fitted kitchen comprising a range of wall and base units with roll top work surfaces giving storage. Stainless steel sink with drainer and mixer tap over. Plumbing for washing machine.
Space for fridge. Built-in electric oven and hob with stainless steel extractor hood over. Complementary tiling to splashback areas. Wall mounted extractor fan.
Dressing Room/Study Dresser with storage units under. Shelving recess. Door to bathroom. Bathroom Obscure UPVC double glazed window to rear aspect.
Grey three-piece suite comprising of a panel bath with shower over, pedestal mounted wash hand basin and a low-level WC. Wall mounted electric radiator. Tiled to splashback areas.
Wall mounted extractor fan. Exterior Front Garden-Mainly laid to lawn with planted border and pathway leading to front door. Rear Garden-Enclosed garden offering a good degree of privacy to the rear.
Comprises of a timber decking patio area. Remainder is mainly laid to lawn. Wooden storage shed to remain. Outside tap. Gated rear access. Enclosed by timber fencing.
Parking-Allocated parking space situated to the front of the property. Property Information Tenure: Leasehold Local Authority: Milton Keynes Council.
Council Tax Band: A Lease Details 953 years remaining Started in 1980 with a lease of 999 years. Peppercorn ground rent so no ground rent or service charges to pay.
Note To Purchasers In order that we meet legal obligations, should a purchaser have an offer accepted on any property marketed by us they will be required to undertake a digital identification check.
We use a specialist third party service to do this. There will be a non refundable charge of £18 (£15+VAT) per person, per purchase, for this service.
Buyers will also be asked to provide full proof of, and source of, funds - full details of acceptable proof will be provided upon receipt of your offer.
Disclaimer Whilst we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you please contact the office and we will be pleased to verify the information for you.
Do so, particularly if contemplating travelling some distance to view the property.
The mention of any appliance and/or services to this property does not imply that they are in full and efficient working order, and their condition is unknown to us.
Unless fixtures and fittings are specifically mentioned in these details, they are not included in the asking price. Some items may be available subject to negotiation with the Vendor.
Value & comps
No previous sales on record.
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 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 32, Pettingrew Close, Milton Keynes
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