Summary - 5 HUGHES CROFT BLETCHLEY MILTON KEYNES MK3 5HA
2 bed 1 bath Apartment
Auction-ready buy-to-let near Bletchley station with immediate rental history..
- Ground-floor two-bedroom apartment with small garden and allocated parking
- Short lease: 77 years remaining — lenders may refuse mortgages
- Tenanted producing £10,800 pa; tenant to vacate 5 November
- Service charge £1,444.46 and ground rent £225 pa (ongoing costs)
- Electric storage heating; higher running costs likely
- Close to Bletchley town centre and mainline station (0.9 miles)
- Evidence of internal moisture/possible mould — requires inspection
- Being sold at public auction with fast completion timetable
A ground-floor, two-bedroom leasehold apartment in Hughes Croft, Bletchley, offered at public auction. The block is modern red-brick (2003–2006) and the flat includes a sitting/dining room, kitchen, bathroom, allocated off-street parking and a small garden. It is 0.9 miles from Bletchley town centre and mainline station, with open communal access and an EPC rating of C.
Currently tenanted and producing £10,800 pa; the tenant has served notice and is due to vacate on 5 November. Sale by auction means a quick completion timetable and the property may suit investors seeking immediate rental re-let or buyers prepared to refurbish and re-let. Service charge and ground rent total significant annual running costs (£1,444.46 service charge; £225 ground rent).
Important lease and financing facts: the lease has 77 years remaining (99 years from 25/12/2003). This is materially short for many mortgage lenders and could restrict mortgage availability — buyers should obtain lender confirmation and factor potential lease-extension costs. Heating is by electric storage heaters which can be costly to run; images indicate possible moisture on an internal wall that may need investigation and repair.
Viewing and sale details: the apartment is being sold at auction on 10 December 2025. Interested buyers should review the legal pack for disbursements and an administration fee of £1,500 (incl. VAT). No buyer’s premium applies. For purchasers seeking a buy-to-let, the recent rental history shows reliable income but immediate void and re-let work should be anticipated.
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