Sheep Way, Redhouse Park, MK14 5FP

** FOR SALE BY ONLINE AUCTION TUESDAY 17TH NOVEMBER ** GUIDE PRICE £137,000 + ** BIDDING OPENS 16/11/26 FROM 1:00 PM ** VIEWINGS BY APPOINTMENT ** NEXT SLOT 04/11/26 1.00 PM TO 1.30 PM ** PLEASE CALL **

This spacious and modern first-floor flat offers over 870 sq ft of well-proportioned accommodation and is presented in good decorative order throughout, making it relatively turn key property. The property could potentially generate a rental income of around £1,250 per calendar month making a gross rental yield of close to 11% (based on the guide price). Features include a Juliet balcony, gas central heating, double glazing allocated parking and an unexpired lease term of 107 years. Situated in the sought-after Redhouse Park area, the property is conveniently located just a few miles from Milton Keynes Central and its wide range of shopping, leisure and transport amenities.

REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk orthantsbedsandbucks

Accomodation -

Communal Entrance - With intercom system, stairs to all floors, the property is on the 1st floor

Entrance Hall - Intercom receiver, laminate floor, cupboard housing gas boiler, radiator, door to

Lounge - 5.79m x 4.27m (19'0 x 14'0) - Double glazed windows, double glazed door to juliet balcony, radiator.

Kitchen - 5.33m x 1.96m (17'6 x 6'5) - Double glazed window, a range of high gloss units, with stainless steel sink, integrated oven, hob, filter hood and washing machine. Radiator.

Bedroom One - 4.27m x 2.74m (14'0 x 9'0) - Double glazed window, radiator

Bedroom Two - 4.27m x 2.74m (14'0 x 9'0) - Double glazed window, radiator

Bathroom - 2.13m x 1.96m (7'0 x 6'5) - Double glazed window, bath, sink, wc, tiled to splash areas, heated towel rail.

Outside -

Resident Car Park - With gated entry and one allocated parking space

Lease Details - 125 Year lease term with 107 years unexpired. SERVICE CHARGES AND GROUND RENT. The client informs us the annual service & estates charges are £2596 PA (based on the most recent statement provided dated September 2025) with a ground rent of £359.PA Please refer to the legal pack for further clarification.

Services - No appliances or services have been tested

Council Tax - Band B Milton Keynes

Price Information - *Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

Buyers Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £1800 (£1500 plus vat)

How To Get There - From M1 Junction 14, take the A509 towards Milton Keynes/Newport Pagnell, then at the first major roundabout take the exit for A509/Childs Way and continue towards Milton Keynes; follow signs for Newport Pagnell/Redhouse Park, then turn onto Wolverton Road and follow it towards Redhouse Park. Turn into Redhouse Park and follow the residential roads to Sheep Way, MK14 5FP

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