Summary - 89b Ramsons Avenue, Conniburrow MK14 7BB
1 bed 1 bath Flat
Auction lot with tenant in place and straightforward refurbishment potential.
Sold with tenant in situ — immediate rental income potential
A one-bedroom leasehold flat offered at auction, presented as a ready-made rental opportunity with a tenant in situ. The property occupies 524 sq ft in a 1980s-built block and benefits from mains gas central heating, double glazing (install date unknown) and fast broadband — practical essentials for letting immediately.
The home comprises entrance hall, lounge, compact modern kitchen, bedroom and bathroom. It will be sold via the Modern Method of Auction: the buyer signs a Reservation Agreement, pays a non-refundable Reservation Fee (4.50% of the purchase price, minimum £6,600) and must complete within a 56-day reservation period. A Buyer Information Pack is available (fee applies) and prospective purchasers should review mortgage suitability before bidding.
Potential for improvement is straightforward — cosmetic updating to the kitchen and living areas could raise rent or sale value — but buyers should factor in location-related risks. The local area shows high crime levels and is classed as very deprived, which can affect tenant demand and long‑term capital growth. This is a leasehold flat so confirm remaining lease length, service charges and ground rent before purchase.
Positive practical features include excellent mobile signal, good local primary schools nearby, quick broadband and no flood risk. For investors seeking an immediate let with scope for modest refurbishment, this flat offers a clear, short-turn auction purchase route; for owner-occupiers, note the tenancy, leasehold status and local area considerations before bidding.
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