Rowditch Furlong, Milton Keynes
Spacious and well-maintained two-bedroom apartment for sale in the popular Redhouse Park region of Milton Keynes. The apartment will be sold with the tenant in situ, and currently generates a robust £1,350.00 rental income per month (£16,200.00 per annum).
The apartment itself is comprised of two good sized bedrooms (Bedroom one is ensuite), a family bathroom and a large, open-plan kitchen dining area.
Investment Highlights
Price: £212,000
Lease: Approx. 105 years remaining
Current Rent: £1,350 pcm
Net Yield: 6.5%
Service Charge: £2,080 pa
Ground Rent: £360 pa
EPC: C
Tenure: Leasehold
Area & Investment Info
Milton Keynes combines strong growth with attractive yields. Its population grew 15.4% between 2011 and 2021 — more than double the national average — backed by a robust local economy (employment at 78.9%, earnings 5.7% above the GB median) and over £1.6 billion of city-centre investment, plus East West Rail improving connectivity to Oxford and Cambridge alongside the existing 35-minute run into London Euston.
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