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See how verdicts work2-bedroom flat · MK14 5GQ
Sold STCListed 258 days
Opportunity summary
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About
Urban & Rural Newport Pagnell are pleased to market this immaculate two-bedroom, 45% shared ownership apartment, located within the popular Redhouse Park development.
This spacious second-floor apartment offers well-designed living throughout, beginning with a welcoming entrance hall featuring a generously sized storage cupboard, ideal for coats, shoes, and general household items.
Leading off the hallway to the right is a generously sized bedroom with an en-suite shower room comprising a shower, toilet, and wash-hand basin.
The bedroom comfortably accommodates a double bed and offers ample space for wardrobes.
To the left of the hallway is a spacious, modern family bathroom fitted with a bath and shower over, toilet, and wash-hand basin, along with a large storage cupboard.
Bedroom two is also a well-proportioned double bedroom with space for additional furnishings and benefits from direct access to a private balcony, perfect for enjoying the summer months.
At the heart of the home is a bright and airy open-plan living area.
The well-appointed kitchen offers excellent storage and includes an integrated oven, hob, and sink, along with space for a washing machine and fridge freezer.
The open-plan layout provides flexibility for various furniture arrangements to suit individual needs.
The living area further benefits from access to a separate private balcony overlooking open fields.
The current owner has installed weatherproof privacy screens to both balconies, providing additional privacy. Additional benefits include an allocated parking space and convenient visitor parking.
The apartment is situated on the second floor and is accessible via both stairs and a lift. The property is heated via gas-to-radiator central heating and is served by a combi boiler.
Redhouse Park is a highly desirable location offering an abundance of nearby green spaces, alongside excellent transport links including easy access to the M1, Wolverton Train Station, and Milton Keynes Central Station.
EPC - B Council Tax - B Share: 45% Housing association: Paradigm Years remaining on the lease: 122 Years Rent: £367.16 pcm approx (£84.73 per week approx) Service Charge: £138.79 pcm approx (£32.03 per week approx) Premium: £5000 (Includes Washing Machine, Fridge Freezer, Privacy Screens for Balcony, Curtains, Wardrobe in Bedroom 1, Bed in Bedroom 1, Radiator cover in hallway) Hallway 4.42m x 1.7m Bedroom 1 5.05m x 3.23m Ensuite Bathroom 2.08m x 1.83m Bathroom 2.74m x 2.29m Store 0.76m x 2.3m Balcony 5.1m x 1m Bedroom 2 5.3m x 2.74m Store 1.27m x 1.07m Open-plan living space/ Kitchen 6.27m x 4.37m Balcony 3.86m x 0.97m
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
Agent & docs

FAQ
About Coral Link, Redhouse Park, Milton Keynes, Buckinghamshire, MK14
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