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£1,750,000
Guide Price

Property for sale Former Retail Premises & Offices, Cofferidge Close, Stony Stratford, MK11 1BY

Leasehold

Added on 31/08/2026

About this property

Situated just off Stony Stratford High Street we are pleased to offer a rare development opportunity comprising an existing two storey building, originally designed by renowned local architec Wayland Tunley with permitted development consent for 25 apartments on two floors.

The existing building has been stripped back internally to shell and is ready for the next stage of develoment. Planning permission has been submitted for 10 additional flats on the roof area (If approved, an overage payment on an agreed basis, will be required).

Key features

  • Development opportunity comprising an existing two storey building, located in the town centre.
  • Located just off the High Street in this historic town.
  • Permitted development consent for conversion to twenty-five flats.
  • Ideal for local developer for sale or rental
  • The building has been stripped back internally to shell.
  • Planning submitted for 10 additional flats on the roof area (If approved, an overage payment on an agreed basis, will be required).

Floorplan

Location

Former Retail Premises & Offices, Cofferidge Close, Stony Stratford, MK11 1BY

Council tax
Band D (Approx £2,372/year)

Mortgage and stamp duty

Property price £1,750,000
£870k £2.6m
Deposit10% £175,000
£0 £1.8m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £1,575,000 mortgage. Most lenders would want a household income of about £350,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in MK11 1BY. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
16, Cofferidge Close Flat / maisonetteSept 2022603 sq ft £365/sq ft£220,000
18, Cofferidge Close Flat / maisonetteSept 2021£161,000
19, Cofferidge Close Flat / maisonetteNov 2019732 sq ft £283/sq ft£207,500
18, Cofferidge Close Flat / maisonetteNov 2017£175,000
19, Cofferidge Close Flat / maisonetteDec 2016732 sq ft £301/sq ft£220,000
16, Cofferidge Close Flat / maisonetteAug 2016603 sq ft £307/sq ft£185,000
20, Cofferidge Close Flat / maisonetteJul 2016£195,000
17, Cofferidge Close Flat / maisonetteNov 2013£137,000

All sold prices in Milton Keynes →

Area insights

The neighbourhood around this property.

Marketed by
Elevation Estate Agents Ltd
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