Sold STC Cottage

39 MILL STREET

NEWPORT PAGNELL, MILTON KEYNES MK16 8ER

1 beds 1 baths 775 sq ft Listed 9 Nov 2022 (-1349d)

£245,000

Guide Price

Save

Listing type

Auction

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14

/ 14

Property details

Listing category

Auction

Tenure

FREEHOLD

Floor area

72 m²

Council tax band

C

EPC rating

E

Year built

England and Wales: before 1900

Last sold

£260,000 Mar 2026

Price per m²

£3,403/m²

Local average

£605,368 (-59.5%)

Deprivation

Decile 8 (24,725 of 33,755)

Street crime

101 incidents within 1 mile (May 2026)

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • REAR GARDEN BACKING ONTO RIVER
  • CLOSE TO TOWN CENTRE AND BURY FIELD COMMON
  • NO THROUGH ROAD
  • FIRST FLOOR BEDROOM AND STUDY/NURSERY + LOFT ROOM
  • PARKING FOR ONE CAR

Additional details

Heating
Central
Parking
Off street
Garden
Back garden

Description

SUMMARY
Situated in a no through road a short distance from the High Street & Bury Field Common is this brick built mid-terrace COTTAGE. Backing onto the river with countryside views beyond - comprising LOUNGE/DINER, KITCHEN. 1st floor BEDROOM & STUDY/ NURSERY plus LOFT ROOM. Rear GARDEN & PARKING.


DESCRIPTION
A period brick built terraced cottage situated backing onto the river Great Ouse to the rear and being close to the High Street with its amenities, and for those who like walking Bury Field Common is only a very short distance away. The accommodation is arranged over three floors and offers accommodation to comprise: Lounge/diner, kitchen, first floor bedroom one, study/nursery and bathroom and upper floor loft room. Outside there is parking for one car to the front and to the rear a low maintenance garden with jetty to river.

Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Lounge / Diner: 19' 1" x 13' 6" max ( 5.82m x 4.11m max )
Double glazed window to front, double glazed French doors to rear overlooking river and countryside beyond, radiator, T.V. point, stairs rising to first floor, door into kitchen.

Kitchen: 15' 1" x 6' 7" ( 4.60m x 2.01m )
Double glazed window to rear, again with views over the river and countryside beyond and fitted with a range of wall and base units with work surfaces over, sink with drainer, space for fridge freezer and washing machine, dishwasher and tumble dryer. Door leading out to garden.

Bedroom One: 12' x 9' 7" ( 3.66m x 2.92m )
Double glazed window to front, wardrobes, radiator.

Study / Nursery: 7' 11" x 6' 5" ( 2.41m x 1.96m )
Double glazed window to rear, radiator.

Bathroom: 
Fitted with a suite to comprise: Bath, wash hand basin and w.c. partly tiled, extractor fan.

Loft Room: 12' 5" max x 9' 5" max ( 3.78m max x 2.87m max )
Stairs rising from first floor landing, Velux window to the rear, radiator, eaves storage, restricted head height.

Outside: 

Front: 
Off road parking for one car.

Rear: 
Low maintenance garden with jetty leading to the river and amazing countryside views.

Agent's Note: 
The sale of this property is subject to grant of probate. Please seek an update from the branch with regards to the potential timeframes involved.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Listed by

Newport Pagnell

Sequence (UK) Limited - Connells

Reference: 128907881

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 23/04/2022

Expiry date: 22/04/2032

Current heating cost: £905/year

Potential heating cost: £742/year

Est. upgrade cost to C: £24,675

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

Price history

Event Date Price % change
Sold 13/03/2026 (4 months ago) £260,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
TOLL HOUSE HIGH STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8JT £1,400,000 18/12/2025 Detached
45 UNION STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ET £650,000 08/12/2025 Detached
Same street 38 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ER £255,000 08/06/2023 Terraced
Same street 3 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ER £247,500 10/12/2021 Terraced
Same street 38 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ER £240,000 15/11/2021 Terraced
Same street 34 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ER £225,000 26/08/2021 Semi-detached

Street average: £241,875 (4 sales)

Area average: £1,025,000 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 9.7%
10y growth 55.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Detached. As of April 2026.

1y (index) -2.7%
5y (index) 16.5%
10y (index) 27.9%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,202/mo
Realistic £1,336/mo
Optimistic £1,470/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Grantham & Newark: £424/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Ousebank 0.1 miles
Shop The Wool Shop 0.1 miles
Shop Onkaar - Home Solutions Ltd 0.1 miles
Hospital Willen Hospice 1.8 miles
University University of Bedfordshire Milton Keynes Campus 3.8 miles
Train station Wolverton 3.8 miles
Train station Milton Keynes Central 4.4 miles
Hospital PJ Care Mallard House Neurological Care Centre 5.8 miles

Street-level crime

Category Count
Anti-social behaviour 32
Violence and sexual offences 16
Other theft 13
Criminal damage and arson 11
Public order 7
Vehicle crime 7
Shoplifting 6
Other crime 3
Drugs 2
Possession of weapons 2
Bicycle theft 1
Theft from the person 1
Total incidents 101

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cedars Primary School Primary 0.3 miles Good — 2 Nov 2011
Tickford Park Primary School Primary 0.4 miles Good — 15 Nov 2021
Green Park School Primary 0.8 miles Good — 24 Feb 2014
E-Act Ousedale School Secondary 0.8 miles Good — 31 May 2012
Portfields Primary School Primary 0.9 miles Good — 4 Jun 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, High Street, MK16 £975/mo 1 0.08 miles OpenRent

Average rent: £975/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 5.4% gross yield avg £245,500 sale, £1,100/mo rent
Rent ratio 0.4%
Max investor price (0.8%) £121,875
Target investor price (1%) £97,500
Gross yield 4.8%
Cost-to-rent ratio 20.9×
Monthly cashflow £-112/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1.9%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).