How much is Gambit Avenue, Milton Keynes?

Gambit Avenue, Milton Keynes

1-bedroom flat

1 bath

Asking

£59,500

For saleListed 1 day

Shared own

Investor metrics

HMO Article 4 Direction AreaArticle 4 Direction relating to Houses in Multiple Occupation (HIMO) - Non immediate direction, Article 4 Direction relating to Houses in Multiple Occupation (HIMO) - Immediate direction · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

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About

The property

Offered to the market with no upper chain this 35% shared ownership ground floor one bedroom apartment has many benefits including open plan kitchen/living space, bathroom, balcony and allocated parking.

Located in the prestigious development of Oakgrove this property is within a short walk to local amenities (Waitrose and Costa).

The property is situated next to Ouzel Valley Park and is also a beautiful walk away from Willen Lake, it also has easy access to M1 motorway, Central Milton Keynes, Kingston shopping district and school catchment area.

Communal Entrance Door to: Entrance Hall Door to storage cupboard housing hot water tank and space for washing machine, electric radiator, doors to kitchen/lounge/diner, bedroom and bathroom.

Kitchen/Lounge/Diner Double glazed windows to front and side aspects.

Electric radiator, fitted with a range of wall mounted and floor standing units with work surface over, sink with hot and cold taps, oven and hob with extractor hood over, built in fridge/freezer, glazed door to balcony.

Bedroom Double glazed window to front aspect. Built in wardrobe with rail and shelving, electric radiator. Bathroom Frosted double glazed window to front aspect.

Low level w.c., vanity wash hand basin with mixer tap, bath with shower attachment, complimentary tiling, heated towel rail. Outside Parking Allocated parking.

Shared own

Key information

Reception rooms

Council tax band

Band A

Estimated ~£1,200/year

Tenure

Leasehold (116 years)

Local authority

Milton Keynes

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

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.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated on shared-ownership lots — the asking price buys a share, not the whole property.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market1 days

4/25

—

Seller motivation

Not scored yet

Days on market1

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £59,50022 Oct 2026

Still activeDay 1 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.