Summary - 647D SILBURY BOULEVARD MILTON KEYNES MK9 3AR
1 bed 1 bath Studio
Let at £750pcm — ready-made rental by the train station.
Let at £750pcm — immediate rental income
This chain-free studio in the heart of CMK is presented as an investment opportunity with tenants in situ. The flat is currently let at £750pcm, providing immediate rental income and easy management for a buy-to-let owner or investor looking for central location stock.
The layout offers a studio lounge/bedroom, separate kitchen with appliances and a shower room. At around 90 years remaining on the lease, the property carries an annual service charge of approximately £1,440 and a small ground rent of £250 — important running costs for any purchaser to factor into yield calculations.
Location is the main selling point: a short walk to the mainline train station and all city-centre amenities, which supports continued rental demand from students, young professionals and commuting business tenants. Note the area scores high for crime and is classed as very deprived — this can affect tenant profile, insurance costs and resale prospects.
The flat shows signs of mid-century/1970s fittings and laminate flooring, so there is scope to improve rental value through refurbishment. Investors should be comfortable buying with sitting tenants and understand refurbishment or re-letting will need to be coordinated around tenancy terms.
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