1-bed flat for sale in Milton Keynes MK6 — £140K | Dwelfy

Deals · MK6 · The Mount, Simpson, Milton Keynes, Buckinghamshire MK6

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Cannot be let as it stands — fix that before any offer

You could not let it as it stands, and there is no local rent on file to price what fixing it would earn.

No rent at all can be collected until the EPC reaches E, so nothing on this page is reached by charging more. Put a rent you believe into the calculator and every figure on this page moves with it. Two or three local lettings will get you closer than anything we can offer here.

The Mount, Simpson, Milton Keynes, Buckinghamshire MK6 · 592 sqft · £236/sqft

1 BED FLATListed 109d · ~3.5mo

£140,000

No rent data for this listing — run your own numbers in the calculator below.

Why it works

Nothing counts in its favour while it cannot be let
Every figure that would go here — the return, the rent cover, the monthly profit — assumes a tenant can move in. Fix that first and this column is worth reading again.

Why to be cautious

Retirement only — Age-restricted resale; limited buyer pool
This is a restriction on the title or the transaction itself, not a condition of the building — no amount of refurbishment changes it.Read from the listing text, so confirm it in the legal pack before you spend anything on a survey.
Leasehold, 80 years left — ask your solicitor to check it
Still mortgageable, but the clock is the point — every year shortens it and extension costs rise as it does.Ask the seller whether an extension has been started; a served notice can be assigned to you.
Article 4 in area — Rent by the room conversion needs planning permission
The council has removed the automatic right to convert to a shared house here — it needs planning permission.It does not affect letting the property normally, and permission is often granted. It is a step, not a wall. See who decides →
Service charge unknown — could swing £100-300/mo
The listing does not state it, and on a flat it can be anything from £60 to £300 a month.It leaves before any rent does, whether or not anyone is living there. Ask the managing agent for the last two years, and whether major works are planned.

What would have to be true?
No price fixes this while it cannot be let
No rent at all can be collected until the EPC reaches E, so nothing on this page is reached by charging more.
energy rating G

Is it a good location?
Milton Keynes, MK6 3DT
1 of 3 schools in this postcode area rated Good or Outstanding and flood risk checking… — open for the map, the schools and the rest.
Article 4Planning permission required to let by the room
postcode area, not this address

Which strategy wins?
None of them, while it cannot be let
Every way of running this is a way of letting it, and none may be let as it stands. Which one wins is worth ranking once the EPC clears E — not before.
no way of letting is available

What would you walk away with?
Nothing we can put a figure on, while it cannot be let
Five years of holding it is five years of rent plus a sale, and no rent may be collected here as it stands. The sums are worth running again once the EPC clears E.
no rent to project

Ready to move on this deal?

Generates an offer pack with your numbers & sources — take it to the agent.

Listing seen …

What if…

Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent).

You keep-£940/mo

All-in cash£56,823

PaybackNever

No rent at all can be collected until the EPC reaches E, so nothing on this page is reached by charging more.

Offer

Deposit

Mortgage rate

The dial above is the rate you would be quoted. Every figure on this page is worked at 6.50% — that rate plus a 0.75pp premium lenders add on a limited-company purchase.

Standard rental

Doing it up

Estimated, not surveyed — nobody has been inside.

More assumptions9

Mortgage term

Fixed for

Stress rate

Solicitor + survey

Lender fees

Insurance

Maintenance

Service charge

Ground rent

Where these figures came from13

Offer the asking price£140,000Asking price from listing

Deposit a typical assumption25%Standard 75% LTV for BTL

Mortgage rate a typical assumption5.75%5-year fixed at 75% LTV — 5.75% (as of 2026-09-14). 5.75% headline + 0.75pp limited-company product premium = 6.50% charged in this model.

Doing it up a typical figure, not a quote£9,423Per-property refurb estimate from the element rate-card model (£7,067–£13,192 range), VAT-inclusive

Mortgage term a general default, not this property25 yrs

Fixed for a typical assumption5 yrsFixed for 5 years (5-year fixed at 75% LTV); after the fix the projection charges the reversion rate — a stated assumption, not a forecast.

Stress rate a typical assumption7.50%The higher of 5.5% and your rate + 2 points (PRA SS13/16): 7.5%

Solicitor + survey a typical figure, not a quote£2,000Leasehold flat — £1,500 legal + £500 survey

Lender fees a typical figure, not a quote£3,1002% product fee on £105,000 loan + £1,000 booking fee

Insurance a typical figure, not a quote£20/moTypical BTL building+landlord cover for sub-£200K

Maintenance a typical figure, not a quote£67/moSemi/flat: £67/mo proxy

Service charge a typical figure, not a quote£150/moLeasehold fallback: £1,800/yr proxy — confirm with managing agent

Ground rent a typical figure, not a quote£25/moLeasehold fallback: £300/yr proxy — confirm in lease

These are this page’s own derivation notes, unedited. A figure marked a typical figure, not a quote is our model of a cost for a property of this kind in this area — not a price anybody has given you, and the first thing worth replacing with a real one.

Notes

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Listed by

Taylors - Milton Keynes Sales

01908 942537 View on portal

Asking price£140,000

You could not let it as it stands, and there is no local rent on file to price what fixing it would earn.

What could kill thisThe checksIt is sold as a retirement-only home, not on ordinary termsThis is not an ordinary purchase, so none of the figures on this page describe it.4 problems found · 3 we could not check · 2 do not apply to this property■ from the listinglisting last seen 15 Sep 2026

What will it cost me to buy?Breakdown£47,400 + refurb costs£12,400 of that never comes back — stamp duty, solicitor and lender fees.£47,400 to buy itdeposit · stamp duty · solicitor · fees~£9,423, unseen□ works not inspected

What would have to be true?No price fixes this while it cannot be letNo rent at all can be collected until the EPC reaches E, so nothing on this page is reached by charging more.■ energy rating G

How big is it, really?The planOne figure, and nothing checking it 592 sq ftOnly the agent’s figure exists for this house. Open for what that means.□ area unchecked — agent’s own

Is it a good location?Open the mapMilton Keynes, MK6 3DT1 of 3 schools in this postcode area rated Good or Outstanding and flood risk checking… — open for the map, the schools and the rest.Article 4Planning permission required to let by the room■ postcode area, not this address

Which strategy wins?None of them, while it cannot be letEvery way of running this is a way of letting it, and none may be let as it stands. Which one wins is worth ranking once the EPC clears E — not before.□ no way of letting is available

What would you walk away with?Nothing we can put a figure on, while it cannot be letFive years of holding it is five years of rent plus a sale, and no rent may be collected here as it stands. The sums are worth running again once the EPC clears E.□ no rent to project

What would have to be true?
No price fixes this while it cannot be let
No rent at all can be collected until the EPC reaches E, so nothing on this page is reached by charging more.
energy rating G

Is it a good location?
Milton Keynes, MK6 3DT
1 of 3 schools in this postcode area rated Good or Outstanding and flood risk checking… — open for the map, the schools and the rest.
Article 4Planning permission required to let by the room
postcode area, not this address

Which strategy wins?
None of them, while it cannot be let
Every way of running this is a way of letting it, and none may be let as it stands. Which one wins is worth ranking once the EPC clears E — not before.
no way of letting is available

What would you walk away with?
Nothing we can put a figure on, while it cannot be let
Five years of holding it is five years of rent plus a sale, and no rent may be collected here as it stands. The sums are worth running again once the EPC clears E.
no rent to project