121 Crispin Road, Bradville, Milton Keynes, Buckinghamshire, MK13 7BT

Description

Freehold mid terrace house with two reception rooms, kitchen, WC, three bedrooms, bathroom, rear garden and allocated parking space. GIA approximately 100.4 sq m (1,081 sq ft). The vendor will not accept offers prior to auction.

Accommodation

Ground floor: two reception rooms, kitchen and WC. First floor: three bedrooms and bathroom. Rear garden and allocated parking space. GIA approximately 100.4 sq m (1,081 sq ft).

Location

The property is situated on the north side of Crispin Road. The shops and amenities of Milton Keynes are to the south. Wolverton rail station is approximately 1.4 miles to the west. The A5 is to the west. Stanton Low Country Park is to the north.

Tenure / Property Information

Investment Analysis

Recent same-road evidence ranges from £79,220 to £150,000, with the latest supplied sale at 127 Crispin Road completing at £125,000 in December 2025. Older evidence includes £150,000 in 2021 and £197,000 in 2019, but the reasons for the variation and differences in condition, size and specification are not supplied. A cautious base GDV of £125,000 is supported by the latest same-road comparable, with £125,000–£150,000 used as an evidence-based scenario range. This is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Potentially attractive for BTL or BRRR only if the property condition, legal pack, achievable rent and final auction price validate the initial figures. Do not rely on the guide-price yield or refinance surplus when setting a bid.

Works Required

No specific defects or refurbishment requirements are evidenced. A physical inspection and review of the auction legal pack are required before budgeting works. Any works allowance is therefore excluded from the calculations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £55,000 guide and a £125,000 base GDV, 75% refinance is £93,750, indicating £38,750 of surplus refinance capacity before refurbishment, finance, tax, fees and other costs. However, refurbishment costs, buyer costs and the eventual auction price are unknown, so the cash-left-in figure is not a dependable BRRR outcome.

Buy-to-Let Analysis

The supplied rental evidence is an advertised £1,350 pcm for a three-bedroom semi-detached house in MK13, rather than achieved rent for this terraced property. Using it only as a cautious proxy gives annual rent of £16,200 and a gross yield of 29.45% against the £55,000 guide, before works, finance, voids, management, maintenance, tax and auction-related costs. The yield is not reliable without property-specific rental evidence and a confirmed purchase price.

Flip Analysis

Using the £55,000 guide and £125,000 base GDV, the gross difference before works, selling costs, finance, tax and fees is £70,000. A reliable flip surplus cannot be calculated because no refurbishment allowance or selling-cost allowance is supported by the evidence.

Investor Risks & Due Diligence

• The guide price may not reflect the eventual auction purchase price.

• No condition survey or refurbishment cost evidence is supplied.

• The rent figure is an advertised asking rent for a three-bedroom semi-detached property, not achieved rent for the subject terrace.

• Buyer, administration, seller and other third-party charges are not quantified.

• Comparable sale prices vary materially and differences in condition, specification and circumstances are unknown.

• Finance, tax, voids, management, maintenance and selling costs are excluded from the headline calculations.

Recommendation

Potentially attractive for BTL or BRRR only if the property condition, legal pack, achievable rent and final auction price validate the initial figures. Do not rely on the guide-price yield or refinance surplus when setting a bid.

Strategy Rating

Analysis Confidence

The property description, tenure, occupancy and several same-road completed sales are supplied, but condition, achieved rent, fees, EPC, legal-pack details and refurbishment costs are absent. The rent evidence is an asking rent for a different property type.