Summary - 5 FLAT 1 BRIDGE STREET BUCKINGHAM MK18 1EL
2 bed 1 bath Flat
Proven rental income in a central, character-filled location close to the university.
- Two double bedrooms on a first-floor duplex layout
- Town centre location, short walk to University and amenities
- Successfully let for ten years — proven rental history
- Leasehold: 125-year term, 104 years remaining
- Ground rent £50 pa; buildings insurance c. £314.12 pa
- Electric storage heaters; likely higher heating costs
- EPC rating E — energy improvements may be required
- Property in a higher-crime area (local statistic)
This first-floor duplex flat offers two double bedrooms and a practical layout over an average-sized 715 sq ft. Set above a Georgian shopfront in Buckingham town centre, it benefits from immediate access to shops, transport links and the University of Buckingham — making it straightforward to re-let or occupy.
Internally the flat has a sitting room with period ceiling height, a kitchen/breakfast room and a modern bathroom with rainfall shower over the bath. The property has been successfully rented for the past ten years, demonstrating steady income potential for an investor or a low-fuss town-base for a buyer wanting proximity to amenities.
Tenure and running costs are clear: leasehold with 104 years remaining, ground rent £50 pa and buildings insurance approximately £314.12 pa. The EPC is an E and heating is by electric storage heaters; the original sandstone/limestone walls are assumed uninsulated, so energy and heating costs are likely above modern standards.
Important drawbacks to note: the property is in a higher-crime area and has an EPC of E, which will affect running costs and some tenant demand. While the flat is structurally period and attractive in character, buyers should allow for potential retrofit work (insulation, heating upgrade) if aiming to improve energy performance or long-term rental appeal.
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