A second-floor, one-bedroom apartment in a modern block of similar properties, located in the centre of Milton Keynes being sold with vacant possession, for sale by Public Auction on Wednesday 10th December 2025.
This one-bedroom modern and contemporary apartment is located in a popular development, which was converted from offices in 2015/2016, approximately 0.7 miles from the Central Milton Keynes shopping centre, 0.5 miles from the mainline station as well as being close to a number of restaurants and bars.
There is an intercom system at the entrance on the ground floor with a lift accessing the upper floors, and internally the accommodation comprises an entrance hall, light and airy sitting/dining room, semi open-plan kitchen, bedroom and shower room. The property is presented in excellent decorative order, and until recently was tenanted producing an income of £12,900 per annum. The tenant also paid £100 monthly towards the centrally charged gas and water bills. We are advised by the seller that parking permits can be requested from the Council for parking outside the property for approximately £25 per annum.
Lease: 121 years from 01/01/2016 (111 years remaining)
Ground Rent: £300 per annum (set to increase to £600 per annum in 2026).
Service Charge: £3,300 per annum (this includes gas and water).
Viewings: We will be holding open-house viewings at the end of November. As soon as the dates and times have been set, we will let everyone know who has registered for the legal pack via e-mail, and they will also be published on our website.
* The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 10th December 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.
You can also register for telephone/proxy/internet bidding online from the 1st December 2025 by following the link below and clicking on the yellow box Register to Bid: *
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