3-bedroom semi-detached house · MK12 6AA
Sold STCListed 53 days
Opportunity summary
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About
** SOLD SUCCESSFULLY AT AUCTION BY AUCTION HOUSE BEDS & BUCKS ** This three-bedroom semi-detached home is offered for sale by auction with vacant possession and represents an excellent full refurbishment opportunity.
Situated in the popular Greenleys area, just a few miles from Milton Keynes Central, the property occupies a larger-than-average L-shaped plot which may offer significant potential for extension or even the creation of an additional dwelling, subject to the necessary planning permissions.
The accommodation comprises an entrance hall, ground-floor cloakroom, lounge, kitchen, three bedrooms and a family bathroom.
Externally, the property benefits from a substantial rear garden, along with a generous side area featuring a garage converted to a store room and hardstanding.
A fantastic opportunity for investors, developers or owner-occupiers seeking a renovation project with added development potential (STPP) TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks Accomodation - Entrance Hall - Door to cloakroom, doorway to lounge Cloakroom - With sink & WC Lounge - 5.38m x 3.51m (17'8 x 11'6) - Windows to front, windows and french doors to rear, stairs to 1st floor Kitchen - 3.86m x 2.97m (12'8 x 9'9) - Window and door to rear, fitted worktops with single sink unit Landing - Cupboard housing boiler, door to Bedroom One - 3.40m x 3.00m (11'2 x 9'10) - Window to rear Bedroom Two - 2.69m x 2.51m (8'10 x 8'3) - Window to rear, integrated cupboard Bedroom Three - L SHAPED 8'6 X 5'3 WIDENING TO 8'3 Window to front Bathroom - 1.91m x 1.83m (6'3 x 6'0) - Window to front, bath, sink & WC Outside - Gardens - Larger than average L-Shaped garden to rear & side with shed and gated side access Storage Shed/Office Room - 5.28m x 2.74m (17'4 x 9'0) - Former garage with window to front and french doors to garden Parking - There is hardstanding to the front of the property, but the absence of a dropped curb must be noted, please refer to the legal pack for any further information on access or rights for off street parking.
Services - No appliances or services have been tested Council Tax - Band B, Milton Keynes council Price Information - *Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £4200 (£3500 plus vat) How To Get There - From the M1 southbound, take the M1 Junction 14 exit for Milton Keynes/Central Milton Keynes and follow the A509 (Portway) west into the city.
Continue along the A509 through the main roundabouts, then turn right onto Watling Street (A5) and follow signs towards Wolverton/Greenleys.
From there, use local roads such as Oxman Lane/Ardwell Lane/Field Lane to reach Akerman Close in Greenleys (postcode MK12 6AA) Copyright - All photographs displayed are the exclusive property of Richard Greener Estate Agents.
They are protected under international copyright laws.
No photograph may be copied, reproduced, distributed, altered, transmitted, or otherwise used in any form or by any means without prior written permission from the copyright owner.
Unauthorised use of these images is strictly prohibited and may result in legal action or a £2,000 fine. Doisa/150226Sa0254 -
Value & comps
No previous sales on record.
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Returns
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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 Akerman Close, Greenleys, Milton Keynes
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