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See how verdicts work2-bedroom bungalow · MK5 7DB
For saleListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** 30% shared ownership - detached bungalow *** A rare opportunity to buy a 2 bedroom link detached bungalow on a shared ownership scheme – 30% share being sold in conjunction with Guinness Trust Housing Association.
The bungalow has accommodation set on a single level to include a large entrance hall, living room, separate kitchen with new units and appliances, two bedrooms and a bathroom.
Outside the property has gardens to the front and rear, a covered storage area/ carport and a driveway providing off-road parking in front for one car.
It is located on the popular Shenley Lodge with Milton Keynes just a short drive away and local facilities nearby.
A 30% share is being sold, - a rent is payable on the additional share held by the housing association. Offered for sale chain free.
Accommodation A front door opens to a porch which has a door to the entrance hall.
A spacious entrance hall has a cupboard housing the gas central heating boiler and shelving, and doors to the each of the bedroom and living quarters.
The kitchen has a new range of units to floor and wall levels with worktops and a sink unit.
New appliances include an integrated electric hob, extractor hood and oven and freestanding appliances include a fridge, freezer and washing machine. Two built-in cupboards and a window to the side.
A door leads to the living room. The living room has a fireplace incorporating a gas flame affect fire, and windows to the side and rear and a door to the rear garden.
A corridor has a window to the front and doors to the bedrooms and bathroom. Bedroom 1 is a double bedroom with a dual aspect – windows to the front and rear.
Bedroom 2 is a single bedroom with a window to the rear. The bathroom has a suite comprising WC, wash basin and a bath with mixer tap shower and additional shower over. Window to the rear.
Outside The front garden is planted with established shrubs, pathway to the front door and a block paved driveway profiling off-road parking.
Gated access to covered storage area which leads onto the rear garden. The rear garden has paving, raised beds and borders and is enclosed by fencing and brick walls offering total privacy.
It backs onto a small area of Parkland. Heating The property has gas to radiator central heating.
Cost/ Charges/ Property Information Tenure: Leasehold - The lease start date was 25th March 1988 and it ends on 31st March 2111.
30% shared ownership in conjunction with Guinness Trust Housing Association Monthly Rent Payable £361.90 Local Authority: Milton Keynes Council Council Tax Band: C Note For 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 under take 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.
We may recommend services to clients to include financial services and solicitor recommendations, for which we may receive a referral fee – typically between £0 and £200 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.
Even if any such fixtures and fittings are mentioned in these details it should be verified at the point of negotiating if they are still to remain.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 50, Faraday Drive, Milton Keynes
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