3-bedroom terraced house · MK18 7RL
Let agreedListed 36 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented three double bedroom mid-terraced house situated on the popular Lace Hill development. The property is situated within catchment for local primary and secondary schools.
The property briefly comprises lounge, kitchen/dining room with integrated appliances, downstairs cloakroom, main bedroom with fitted wardrobes and en-suite shower room, second bedroom with fitted wardrobes and one further double bedroom, family bathroom and enclosed low maintenance rear garden with gated access.
The property benefits from a carport to the side and two further allocated parking spaces located at the front. Council tax band D. EPC C. Available mid October.
A Holding deposit of £368.07 is required to reserve this property (based on the advertised rent). Deposit payable: £1840.38.
Minimum tenancy term: 12 Tenancy Information new assured periodic tenancies (APTs) signed on or after 1 June 2019 Holding Deposit (per tenancy): One week's rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year): Five weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year): Six weeks' rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears.
Lost Key(s) or other Security Device(s): Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant's Request): £50 (inc.
VAT) per agreed variation. To cover the costs associated with taking landlord's instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant's Request): £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord's instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant's Request): Should the tenant wish to leave their contract early, they shall be liable to the landlord's costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy.
Client money protection: Propertymark C0133149 independent redress: The Property Ombudsman N00873 Please ask a member of staff if you have any questions about our fees.
Material Information Deposit information: A Holding deposit of £368.07 is required to reserve this property (based on the advertised rent). Deposit payable: £1840.38.
EPC rating: C council tax band: D broadband/mobile coverage: Basic 10 Mbps, Superfast 80 Mbps and Ultrafast 1800 Mbps broadband available.
4G inside likely depending on provider, signal strength varies whether inside or outside. (Information obtained from Ofcom) utilities: All mains supplies connected. Utilities payable by tenant.
Furnishing status: Unfurnished heating source: Gas heating flood risk from river: Very Low risk rights & restrictions: N/A building safety: N/A planning permission: N/A coalfield/mining area: N/A sewerage: Connected to mains drainage Entrance Composite door to; Entrance Hallway Radiator, stairs rising to first floor, door leading to; Living Room Under stair storage cupboard, radiator, UPVC double glazed window to front aspect.
Inner Hallway Radiator. Cloakroom Suite of low level W.C, pedestal wash hand basin, ceramic tiling to splash area, radiator.
Kitchen Fitted to comprise: Inset single drainer stainless steel sink unit with cupboard under, further range of base, drawer & eye level units, ceramic tiling to splash areas.
Integrated single electric oven, four burner gas hob, extractor fan over, dishwasher & free-standing washing machine(appliance not landlord maintained).
Radiator, UPVC double glazed window to rear aspect. Dining Area Radiator, UPVC double glazed French doors to rear garden.
First Floor Landing Airing cupboard housing hot water tank, radiator, please note there is no access to the loft.
Bedroom One Two fitted wardrobes with hanging rail and shelving, radiator, UPVC double glazed window to front aspect.
En-Suite Double width shower cubicle with shower attachment, pedestal wash hand basin, low level W.C, ceramic tiling to splash areas, radiator, UPVC double glazed frosted effect window to rear aspect.
Bedroom Two Fitted wardrobe with hanging rails and shelving, further fitted wardrobe, cupboard and drawer unit, radiator, two UPVC double glazed windows to front aspect.
Bedroom Three Radiator, UPVC double glazed window to rear aspect.
Bathroom Suite of panel bath, separate double width shower cubicle with shower attachment, pedestal wash hand basin, low level W.C, ceramic tiling to splash areas, radiator, UPVC double glazed frosted effect window to rear aspect.
Outside Front Aspect Low level brick wall, established hedge. Rear Garden Fully enclosed with gated access to front aspect, split over two tiers laid mainly with paving slabs, artificial turf, shed.
Parking Carport, two further spaces situated outside the front of the property.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 4, Honeycomb Way, Buckingham
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