1-bedroom house · MK46 5QB
Sold STCListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pleasantly situated within this most-popular and modern residential development which is conveniently located within easy walking distance of Olney's traditional and thriving Town Centre and Market Place.
A well presented and well maintained, freehold one bedroom cluster home which represents a superb opportunity for first time buyers, downsizers and investors alike.
Offered with no onward chain, the property further benefits from replacement double glazing, electric heating, well- proportioned light-filled rooms and an allocated parking space.
A welcoming and practical entrance porch leads to a bright and comfortable living room with a double glazed window to the front aspect and a recently installed modern electric heater, creating a warm and cosy ambience.
An open arch allows easy access to a fitted kitchen which benefits from a range of units providing ample storage space and work surface area, as well as an in-built oven and hob.
Upstairs, the first floor landing is complemented by a range of fitted wardrobes and affords access to the light-filled double bedroom with built-in wardrobes, double glazed window and electric radiator.
The three-piece bathroom suite has a shower over the bath. Outside, there is an open-plan garden to the front and side aspects which is mainly laid to lawn with a paved patio.
The allocated parking space is located nearby. Olney is a highly regarded market town, celebrated for its historic character, charming streets, and strong community spirit.
The town centre offers an excellent selection of independent shops, cafés, pubs, and restaurants, alongside everyday amenities.
Residents also enjoy scenic riverside walks along the Great Ouse and access to nearby green spaces. The location provides excellent connectivity while retaining a peaceful semi-rural feel.
It is conveniently positioned for access to the A509 connecting Milton Keynes and Bedford, with the M1 (Junction 14) approximately seven miles away.
Mainline rail services from nearby stations offer fast and direct links into London and beyond. An early viewing is recommended to avoid disappointment. Council Tax Band: B Tenure: Freehold
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.
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About Hipwell Court, Olney
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