36 Otterburn Crescent, Oakhill, Milton Keynes, Buckinghamshire, MK5 6LX

Lot 199 · MK5 6LX · Auction House London · South East

£160,000guide price
10.1%gross yield
Residential10.1% gross yieldBeen to auction before
36 Otterburn Crescent, Oakhill, Milton Keynes, Buckinghamshire, MK5 6LX
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About this lot

A Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £16,200 Per Annum; Flat; Leasehold

36 Otterburn CrescentOakhill, Milton Keynes, Buckinghamshire, MK5 6LX£160,000+Guide Price (plus fees)AllA Ground Floor Two Bedroom Flat Subject to a Periodic Tenancy Producing £16,200 Per AnnumBy Order of the LPA ReceiversDescriptionThe property comprises a ground floor two bedroom flat situated within a purpose built building arranged over ground and two upper floors.TenureLeasehold. The property is held on a 125 year lease from 25th December 2003 (thus approximately 102 years unexpired).LocationThe property is situated on a residential road close to local shops and amenities. The open spaces of Shenley Wood are within easy reach. Transport links are provided by Bletchley rail station.AccommodationGround FloorReception RoomKitchenTwo BedroomsTwo BathroomsExteriorThe property benefits from a parking space.TenancyThe property is subject to a Periodic Tenancy for a term of 12 months commencing 16th August 2023 at a rent of £1,350 per calendar month (holding over). We understand a deposit of £1,557.69 is held.NoteThe property has not been inspected by Auction House London. All information has been supplied by the vendor. Finance available, subject to status.Financial ToolsyieldmortgageYour estimated rental returnsGross yield0.0%Net yield0.0%Annual income£0Adjust monthly rent to see yield calculationsPurchase Price£160,000Monthly Rent£0Annual Costs£0For illustration only. Seek inde…

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Key facts

199Lot number
ResidentialUse class
LeaseholdTenure
£16K/yrPassing income
11 June 2026Auction date

Planning activity nearby

55 planning applications on record within 250m of this lot, including on the same street. Recent local decisions are a fast read on what the council will and won't permit here.

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This property has been to auction before

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DateHouseResultPrice
17 March 2026Savills🔒🔒

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