2-bedroom flat · MK3 5GP
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
When you walk in the hallway you feel a real sense of home, with newly laid laminate flooring through to the living room, it gives it a modern feeling whilst being practical.
To the right side of the hallway you have a comfortable master bedroom with an ensuite and a second balcony. The ensuite itself has been tiled with white tiles making it feel light and spacious.
The second bedroom is a double, however the current owners are using it as an all-important home office/games room.
This could easily be set up with a sofa bed for when friends and family come to stay.
The main bathroom is opposite and is fully tiled with white and grey tiles giving it a modern and clean look, it also has a window which lets lots of natural light in.
The main attraction of this property is the large open-plan living/kitchen area. The living area stands at an impressive 171 sq.
Ft (approx) which means plenty of space for a comfortable sofa and dining table should you wish. As you have the balcony at the end of the room it fills up with light and gives it a lovely atmosphere.
There’s plenty of storage in the kitchen and the units have been finished off in white with ash worktops.
Integrated appliances including a washer/dryer and fridge freezer, as well as a gas hob and electric oven.
Storage is usually at a premium in modern apartments so you'll be pleased to learn that that is not only one but two storage cupboards.
One is extremely large with plenty of room for everything you don't want on display!
It could even be utilised as a walk-in wardrobe with the simple addition of two hanging rails Disclaimer The mention of any appliance and/or services to this property does not imply that they are in full and efficient working order, and their condition is unknown to us.
Unless fixtures and fittings are specifically mentioned in these details, they are not included in the asking price.
Even if any such fixtures and fittings are mentioned in these details it should be verified at the point of negotiation if they are still to remain.
Some items may be available subject to negotiation with the vendor.
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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 Flat Flat 6, 16, Bonaire Grange, Milton Keynes
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