Forest Rise, Eaglestone, MK6

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.