2-bedroom flat · MK3 5RP
For saleListed 1 day
Opportunity summary
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About
*newton leys* *first floor apartment* *two bedrooms* *en-suite to master bedroom* *large modern lounge / kitchen* *modern bathroom* *gas central heating* *UPVC double glazing* *one allocated parking space* *offered with no chain* Reynolds Estate Agents are delighted to of been instructed to sell this modern two-bedroom two-bathroom apartment in the popular area of Newton Leys.
Entrance through the main door with entry system into the communal hallway. Door leading off the communal hallway through the front door into the hallway.
Hallway: Doors to open plan kitchen/lounge area, two bedrooms, bathroom, large storage cupboard, carpet flooring, radiator.
Lounge/Kitchen: 19'7" x 14" UPVC double glazed window to the front aspect, UPVC French doors to the front aspect, Juliet balcony, carpet for lounge area, radiators.
Kitchen area has mixed eye and base level units with work surfaces over, vinyl flooring, built in oven and four burner gas hob with extractor fan over, stainless steel sink, space for fridge freezer and washing machine.
Bedroom One: 11'1" x 10'8" UPVC double glazed window to the rear aspect, carpet flooring, radiator, door leading to the en-suite.
En-Suite: 6'3" x 4'6" UPVC obscure double-glazed window to the rear aspect, low level WC, sink with pedestal, stand in double shower cubicle with electric shower, radiator, vinyl flooring, part tiled walls.
Bedroom Two: 8'6" x 12'9" UPVC double glazed window to the front aspect, carpet flooring, radiator.
Bathroom: 7'4" X 6'4" UPVC double glazed obscure window to the rear aspect, low level WC, sink with pedestal, panel bath with mixer tap, part tiled walls, vinyl flooring, radiator.
Outside there is one allocated parking space at the rear of the block.
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
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FAQ
About Galapagos Grove, Milton Keynes
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