# 1 bedroom cottage for sale (MK16 8ER)

## Property Details

| Key | Value |
|-----|-------|
| Address | 39 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES MK16 8ER |
| Price | £245,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | C |
| Last sold | £260,000 Mar 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** C
- **Expiry date:** 22/04/2032
- **Current heating cost:** £905/year
- **Est. upgrade cost to C:** £24,675

### Recommendations
- A2 (£850 - £1,500)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0340-2207-5140-2722-1575)

## 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.

## Property Photos

- ![Photo](/listings/photos/128907881/1305430)
- ![Photo](/listings/photos/128907881/1305431)
- ![Photo](/listings/photos/128907881/1305432)
- ![Photo](/listings/photos/128907881/1305433)
- ![Photo](/listings/photos/128907881/1305434)
- ![Photo](/listings/photos/128907881/1305435)
- ![Photo](/listings/photos/128907881/1305436)
- ![Photo](/listings/photos/128907881/1305437)
- ![Photo](/listings/photos/128907881/1305438)
- ![Photo](/listings/photos/128907881/1305439)
- ![Photo](/listings/photos/128907881/1305440)
- ![Photo](/listings/photos/128907881/1305441)
- ![Photo](/listings/photos/128907881/1305442)
- ![Photo](/listings/photos/128907881/1305443)

## Floorplans

- ![Floorplan 1](/listings/photos/128907881/1305444) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/128907881/1305445) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 39 MILL STREET, NEWPORT PAGNELL, MILTON KEYNES, MK16 8ER | £260,000 | 13/03/2026 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £605,368 (19 Detached, MK16, 2024–2026)
- **Deviation:** -59.5%

## Rental Range

*ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,202/mo
- **Realistic:** £1,336/mo
- **Optimistic:** £1,470/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/mo

## 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 |
| 1 Bed Flat, Priory Street, MK16 | £825/mo | 1 | 0.27 miles | OpenRent |
| 1 Bed Flat, Priory Street, MK16 | £825/mo | 1 | 0.29 miles | OpenRent |
| 1 Bed Detached House, Tickford Street, MK16 | £1,055/mo | 1 | 0.3 miles | OpenRent |

**Average rent: £920/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.37% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 4.4%
- **Cost-to-rent:** 22.7×
- **Monthly cashflow:** £-180/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £3,403/m²

## Capital growth trend

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

- **5y growth:** 9.7%
- **10y growth:** 55.9%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; Detached series; as of April 2026.*

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

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)