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Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 1
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 2
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 3
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 4
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 5
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 6
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 7
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 8
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 9
Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12 - Image 10

Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12

South East

£2,000,000
Listed on 15/03/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features three ground-floor trade counter and motor trade units, complemented by a sizable yard and parking area across approximately 0.60 hectares (1.48 acres). It benefits from dual access points on Stratford Road in Wolverton, enhancing connectivity to the surrounding area. Notably, the site does not include the adjacent petrol station or restaurant, allowing for potential development without immediate constraints. Surrounded by a mix of residential and commercial properties, this location offers significant visibility and accessibility along Stratford Road. This prominent positioning opens up various avenues for redevelopment, subject to obtaining vacant possession from the existing tenants. Currently, one tenant has a lease that is outside The Act, while the other two leases are set to expire in 2024 and 2027. As an investment opportunity, the site generates a total passing rent of £117,000 annually and comprises three industrial units with a combined area of 10,500 sq ft—two of which include dedicated yard spaces. The property is held freehold, providing flexibility for future use or development. Given its strategic location near the A5 link road into Milton Keynes, this site presents a promising option for investors looking to capitalize on ongoing asset management opportunities or explore redevelopment possibilities through suitable planning channels.

Investment Analysis

(MK12 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£280
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £1,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (MK12)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 4.1%
5 year growth: 25.7%
Investment Disclaimer: Analysis based on MK12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Units A, B & C, Stratford Road, Wolverton, Milton Keynes, Buckinghamshire, MK12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£7,327
Based on a loan of £1,500,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE