High Street, Stony Stratford, MK11

This Grade II* High Street building has a distinctive mixed-use setup: four retail units, eight office suites, a historic frontage and an internal arcade, with a covered courtyard and 25 parking spaces. The photographed commercial areas look clean and serviceable, so the appeal is less about rescuing tired interiors and more about managing an established property with scope to improve its use and income.

At £1,375,000, the asking price works out at about £391/sq ft, around 5.3% above the local average, so price is a headwind rather than a bargain signal. The listing identifies potential to convert upper-floor offices into two one-bedroom flats, subject to planning permission and the relevant listed-building and other consents. Overall, this is a weaker opportunity on the numbers, with its strongest appeal in the asset-management and conversion potential.