Summary - The Wharf, Watling Street, Bletchley, Milton Keynes, Buckinghamshire, MK2 MK2 2BL
1 bed 1 bath Commercial Property
Large mixed-use site with canal frontage and immediate rental income.
Gross income £95,000 per annum from nine lettings
A rare multi-let investment on approximately 0.8 acres in Bletchley, offering immediate income and scope for value growth. The site comprises eight single-storey industrial units plus a two-storey detached house, all producing a gross income of £95,000 per year from nine separate lettings. Canal frontage and generous yard/parking space add utility for storage, loading and potential alternative uses.
This is a hands-on commercial play for investors seeking secure, near-term cashflow with medium-term uplift potential. The units are modern in form but present as working industrial stock — images and descriptions indicate a fixer-upper/industrial character, so there may be backlog maintenance and gradual capital expenditure required. Tenure is leasehold, so buyers must factor lease terms and ground rent into acquisition planning.
Location benefits include good transport links, local amenities and strong mobile/broadband connectivity. Material considerations: the property sits in a high-crime, deprived area which can affect tenant profile and exit strategy. The site’s size, mixed-use layout and canal frontage, however, create options for refurbishment, reconfiguration or redevelopment subject to planning and lease constraints.
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