2 bed flat

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2 bed flat

Albany Court, Stantonbury MK14
£140,000

Price History

Initial price £160,000
03/04/25 £140,000
Price Change -12.50%

Description

This leasehold property is a two-bedroom flat located in the popular area of Stantonbury, with easy access to local amenities and the M1 motorway. The property is currently rented out with tenants in situ, generating a rental income of £819 per month, which will increase to £925 in April. The property has a potential rental income of £1,095 per month, resulting in a gross yield of 6.9% and a potential yield of 8.2%. The lease has 93 years remaining, with no ground rent and a service charge of £557 per annum. The property is in a C-rated energy performance, with potential to improve to a C rating. The property is ideal for buy-to-let investors looking for a stable and lucrative investment opportunity.