# 1 bedroom maisonette for sale (MK15 9AF) ## Property Details | Key | Value | |-----|-------| | Address | 77 FAIRFORD CRESCENT, MILTON KEYNES, DOWNHEAD PARK, MILTON KEYNES MK15 9AF | | Price | £76,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Construction age | England and Wales: 1983-1990 | | Floor area | 40 m² | | Last sold | £47,000 Apr 2006 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Expiry date:** 04/02/2035 - **Est. upgrade cost to C:** £5,000 ### Recommendations - W2 (£4,000 - £6,000) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/5235-2322-9400-0065-5206) ## Description A well presented ground floor maisonette offered on a 40% shared ownership basis with Milton Keynes Council and situated in the sought area of Downhead Park.  The accommodation comprises entrance hall, open plan living area incorporating sitting room and kitchen, double bedroom and a shower room.  Externally there is a gardens to the rear and side and allocated parking for one car.  The property further benefits from uPVC double glazing and gas radiator heating.  EPC Rating: TBC  Council Tax Band: A ***THE PROPERY HAS 173 YEARS REMAINING ON THE LEASE AND RENT PAYABLE TO MILTON KEYNES COUNCIL IS £214/74 PER MONTH, THERE IS NO GROUND RENT OR SERVICE CHARGES TO PAY. *** **Disclaimer** Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. **Money Laundering Regulations** Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances. ## Property Photos - ![Photo](/listings/photos/156301409/1277780) - ![Photo](/listings/photos/156301409/1277781) - ![Photo](/listings/photos/156301409/1277782) - ![Photo](/listings/photos/156301409/1277785) - ![Photo](/listings/photos/156301409/1277787) - ![Photo](/listings/photos/156301409/1277788) - ![Photo](/listings/photos/156301409/1277790) - ![Photo](/listings/photos/156301409/1277791) - ![Photo](/listings/photos/156301409/1277792) - ![Photo](/listings/photos/156301409/1277793) - ![Photo](/listings/photos/156301409/1277794) - ![Photo](/listings/photos/156301409/1277796) - ![Photo](/listings/photos/156301409/1277797) - ![Photo](/listings/photos/156301409/1277798) - ![Photo](/listings/photos/156301409/1277799) - ![Photo](/listings/photos/156301409/1277800) - ![Photo](/listings/photos/156301409/1277801) - ![Photo](/listings/photos/156301409/1277803) - ![Photo](/listings/photos/156301409/1277804) ## Floorplans - ![Floorplan 1](/listings/photos/156301409/1277805) - Floorplan 1 ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #9101751 - **Address:** 77 Fairford Crescent, Downhead Park, MK15 9AF - **Certificate Issued:** 01/10/2012 - **Work Completed:** 22/08/2012 - **Items:** 2 window(s), 2 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 77 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £47,000 | 19/04/2006 | Flat | | 77 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £21,000 | 17/11/2000 | Flat | | 77 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £18,995 | 21/05/1999 | Flat | | 77 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £13,000 | 28/06/1995 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | THE GRANGE, 2 37 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £300,000 | 19/12/2023 | Flat | | THE GRANGE, 2 34 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £419,000 | 19/12/2023 | Flat | | THE GRANGE, 2 52 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £342,000 | 24/11/2023 | Flat | | THE GRANGE, 2 29 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £752,000 | 25/11/2022 | Flat | | KITE VALE, 2 5 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £412,000 | 25/11/2022 | Flat | | THE GRANGE, 2 10 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £479,000 | 18/11/2022 | Flat | | THE GRANGE, 2 45 HOBBSWICK LANE, TURVEY, BEDFORD, MK43 8AX | £550,000 | 04/11/2022 | Flat | | [Same street] 35 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £250,000 | 07/06/2022 | Terraced | | [Same street] 45 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £160,000 | 12/10/2021 | Semi-detached | **Street average:** £205,000 (2 sales) **Area average:** £464,857 (7 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £300,000 (1 Flat, MK15, 2024–2026) - **Deviation:** -74.7% ## 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 Milton Keynes (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £773/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, Union Court, MK9 | £2,450/mo | 1 | 0.73 miles | OpenRent | | 1 Bed Flat, Houston Court, MK9 | £2,350/mo | 1 | 0.89 miles | OpenRent | **Average rent: £2,400/mo (2 listings)** ## 1% Rule - **Rent ratio:** 3.16% (strong) - **Max investor price (0.8%):** £300,000 - **Target investor price (1%):** £240,000 *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 £2,400/mo).* - **Gross yield:** 37.9% - **Cost-to-rent:** 2.6× - **Monthly cashflow:** £1,836/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 99.9% *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:** £1,900/m² ## House Price Index (HM Land Registry) *Official index for Milton Keynes; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -6.3% - **5y growth (index):** 3.8% - **10y growth (index):** 12.2% ## 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)