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See how verdicts work1-bedroom flat · MK45 1BX
No longer listedReduced £10k (−5.1%) on 14 JulListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor apartment has the benefit of a recently extended lease to 125 years (June 2025) and is offered for sale with the benefit of no upper chain.
The accommodation radiates off a central hallway and includes a living room with two windows enhancing the natural light, a fitted kitchen with oven, hob and extractor, double bedroom and modern shower room.
Externally, an allocated parking space adds convenience.
The property is conveniently located just a few minutes' walk (77 meters) from a handy parade of shops, whilst the town centre amenities including mainline rail station are within 0.4 miles.
EPC Rating: C. Communal Entrance Hall Accessed via communal front entrance door. Stairs to first floor. Landing Private entrance door to: Entrance Hall Radiator. Hatch to loft.
Two built-in storage cupboards. Doors to all rooms. Living Room Two double glazed windows to front aspect. Wall mounted contemporary style electric fire. Radiator.
Kitchen Double glazed window to rear aspect. A range of base and wall mounted units with work surface areas incorporating 11⁄2 bowl sink and drainer with mixer tap. Tiled splashbacks.
Built-in electric oven and gas hob with extractor over. Space and plumbing for washing machine. Wall mounted gas fired boiler. Decorative ceiling beams. Radiator.
Bedroom Double glazed window to rear aspect. Radiator. Shower Room Opaque double glazed window to side aspect.
Three piece suite comprising: Walk-in shower with wall mounted shower unit, close coupled WC and pedestal wash hand basin with mixer tap. Wall tiling. Heated towel rail.
Recessed spotlighting to ceiling. Tile effect flooring. Off Road Parking Allocated parking space. Council Tax Band: A. Lease: 125 years from 16 June 2025. Ground Rent: £120.00 per annum.
(tbc) Service Charge: £1,717.50 per annum (tbc).
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
Agent & docs
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FAQ
About 62b, Brookes Road, Flitwick
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