Studio for sale in Forest Rise, Eaglestone MK6

Offers over £110,000
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Studio for sale

1 1 EPC Rating: D EPC Rating: D

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
£35 per year
Ground rent:
£75
Council tax band:
A

Utilities and more details

Property features

  • Communal Entrance
  • Studio Apartment
  • First Floor
  • Kitchen
  • Lounge/Bedroom
  • Dressing Area
  • Shower Room
  • Near To Hospital
  • No Above Chain
  • Allocated Parking

Property description

Affordable Gem in Prime Eaglestone Location

Unlock the potential of this ultra-affordable studio apartment in the sought-after Eaglestone area. Just minutes from Milton Keynes Hospital and the bustling City Centre, this property is an exceptional find for savvy investors.

Built in 1982, this 26m2 first-floor studio features an open-plan living and sleeping area, a functional kitchen, a dressing area, and a shower room. Its compact yet efficient layout ensures easy maintenance and attractive returns.

Eaglestone is known for its convenient amenities and strong rental demand, making it an ideal location for investment. Nearby schools like Eaglestone Primary School add to the area's appeal for tenants seeking long-term rentals.

The financials are particularly enticing: With an approximate monthly rental income of £750 pcm and incredibly low annual charges—Service Charge at just £35.00 and Ground Rent at £75—this property promises outstanding cash flow and minimal ongoing costs.

Additional details include:

- Years Remaining on Lease: 78 (The seller looked into extending the lease last year and was quoted approximately £6,000)

- Annual Building Insurance: £170.36

- Council Tax Band: A

This is an opportunity not to be missed. Secure your investment in a thriving area today! Contact tauk now to learn more and make this property yours

Property info

Floorplan(s): Floorplan 1

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The Agency UK, WC2H on +44 20 8128 0617 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Agency UK, and do not constitute property particulars. Please contact The Agency UK for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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