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2 Bed Flat, Potential PLO/LOA, Milton Keynes, MK3 5HA £120,000

14 Selkirk Drive, Oakridge Park, Milton Keynes, Buckinghamshire MK14 6FF - a month ago
  1. Deal Search
  2. Milton Keynes
  3. MK3
  4. MK3 5HA
Leasehold
Auction
Negative Equity
ROI: 10%
67 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £120,000

-38%

October 27, 2025

Sold for £165,000

2016

Floor Plans

Description

A purpose-built, ground-floor, two-bedroom apartment, well located close to Bletchley town centre, for sale by Public Auction on Wednesday 10th December 2025.

This ground-floor apartment is located on Hughes Croft development in Far Bletchley only 0.9 miles from Bletchley town centre and mainline station. The property is accessed via a secure communal entrance hall, and the accommodation comprises a hall, sitting/dining room, kitchen, two bedrooms and a family bathroom. Outside, the grounds are well tended and there is an allocated parking space for the apartment. The apartment has been tenanted producing an income of £10,800 per annum, the tenant has served notice and is due to vacate on the 5th November.

Tenure:
Leasehold

Accommodation:
Hall, sitting/dining room, kitchen, two bedrooms and a family bathroom.

Exterior:
An allocated parking space.

Lease:
99 years from 25/12/2003 (77 years remaining)

Ground Rent:
£225 per annum.

Service Charge:
£1,444.46 per annum.

Tenancy:
The property is subject to an Assured Shorthold Tenancy producing £900 per month, the tenant has served notice and is due to vacate on the 5th November.

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:**

Council Tax Band:
B

EPC Rating:
C

VAT:
VAT is not applicable

Seller's Solicitor:
EMW Law
Ref: Kelly Loft
Seebeck House, 1 Seebeck Place, Milton Keynes, MK5 8FR

kelly.

Local Authority:
Milton Keynes City Council -

Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT

Agent Details

Robinson & Hall Auctions, Buckingham

01280 733224

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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