# 2 bedroom flat for rent (MK9 2PT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 778 SOUTH SEVENTH STREET, MILTON KEYNES, MILTON KEYNES MK9 2PT |
| Price | £1,200 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 56 m² |
| Last sold | £230,000 May 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 29/01/2034
- **Current heating cost:** £899/year
- **Est. upgrade cost to C:** £880

### Recommendations
- A (£100 - £350)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0300-2980-3390-2374-2425)

## Description

A spacious and recently re-decorated two bedroom apartment in the heart of Milton Keynes

This spacious, light and airy apartment is perfectly situated in the heart of Milton Keynes extensive shopping district and is a short walk to the main station. A large open plan kitchen/dining/living area has full length windows with spectaular views. Two good sized double bedrooms and a family bathroom complete the accommodation. Allocated parking within the complex. Available immediately Council Tax Band:  Holding Deposit: £276.00

## Property Photos

- ![Photo](/listings/photos/158853104/182707)
- ![Photo](/listings/photos/158853104/182708)
- ![Photo](/listings/photos/158853104/182710)
- ![Photo](/listings/photos/158853104/182711)
- ![Photo](/listings/photos/158853104/182713)
- ![Photo](/listings/photos/158853104/182715)
- ![Photo](/listings/photos/158853104/182717)

## Rental Range

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

- **Low:** £1,199/mo
- **Realistic:** £1,332/mo
- **Optimistic:** £1,465/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Milton Keynes (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £922/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 |
|------|------|------|------|------|
| 2 Bed Flat, Avebury Boulevard, MK9 | £2,400/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Charter House, MK9 | £2,750/mo | 2 | 0.07 miles | OpenRent |
| 2 Bed Flat, Charter House, MK9 | £1,450/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Towergate House, MK9 | £1,450/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Amethyst House, MK9 | £3,000/mo | 2 | 0.12 miles | OpenRent |
| 2 Bed Flat, Chelsea House, MK9 | £2,800/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Mortimer Square, MK9 | £2,900/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Carnegie House, MK9 | £2,800/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Tempus House, MK9 | £1,645/mo | 2 | 0.4 miles | OpenRent |
| 2 Bed Flat, Upper Fourth Street, MK9 | £3,600/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Flat, Silbury Boulevard, MK9 | £2,400/mo | 2 | 0.5 miles | OpenRent |
| 2 Bed Terraced House, Rhodes Place, MK6 | £1,375/mo | 2 | 0.52 miles | OpenRent |
| 2 Bed Flat, North Row, MK9 | £1,290/mo | 2 | 0.57 miles | OpenRent |
| 2 Bed Flat, Lower Twelfth St, MK9 | £2,950/mo | 2 | 0.57 miles | OpenRent |

**Average rent: £2,344/mo (14 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £2,575/mo).*

- **Gross yield:** 2575%
- **Monthly cashflow:** £2,288/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7888.9%

*Gross yield = annual rent as % of price (no costs). 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:** £21/m²

## 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)