Summary - 67 GRACE AVENUE OLDBROOK MILTON KEYNES MK6 2XJ
1 bed 1 bath Apartment
Immediate rental income near Central Milton Keynes and transport links.
Chain free, tenant in situ paying £900 PCM
This one-bedroom maisonette in Oldbrook is offered chain free and sits close to Central Milton Keynes, making it a practical buy-to-let for investors. The property is currently let at £900 PCM, providing immediate rental income with a tenant in situ. The long lease (963 years) reduces typical leasehold risks.
Internally the apartment is well presented but compact at around 339 sqft, suitable for a single occupant or couple. Heating is electric room heaters and glazing is double; buyers should note the property’s electrical heating system and limited living space when budgeting for future tenants or refurbishments. There is a garage and a small garden, offering useful storage and outdoor space rare for flats.
Costs include an average service charge of £1,860 and a ground rent of £120. Crime levels in the area are reported as high; prudent investors should factor this into rental strategy and insurance. Council tax is very cheap, and the location benefits from excellent mobile signal, fast broadband and plentiful local amenities and schools.
Overall this is a straightforward investment purchase: chain free, tenant in place, close to transport links and Central Milton Keynes. It suits buyers seeking immediate income with modest ongoing maintenance or modest cosmetic updating to maximise future capital growth.
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