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Dunthorne Way, Grange Farm, MK8

South East

£215,000
Listed on 04/11/2025

Property Details

Bedrooms
2
Type
Flat

Description

Situated on the second floor of a well-established residential development, this two-bedroom apartment presents an excellent opportunity for buyers looking to add their personal touch. The open-plan kitchen, living, and dining area is bright and airy, featuring access to a private balcony that offers outdoor space for relaxation. While the kitchen is functional, updating it could significantly enhance the overall aesthetic and value of the home. Both bedrooms are generously sized, making them suitable for various living arrangements whether for sharing, family use, or a dedicated home office. The bathroom remains in good order with a full-sized bath and overhead shower, yet could benefit from modern fixtures.<br><br>Residents enjoy secure gated parking, and with reliable tenants already in place, this property stands as a promising investment option. Located in a well-connected area of the South East with ample shops, dining options, and reputable schools nearby, this apartment not only provides immediate rental income potential but also significant room for improvement—ideal for those aiming to enhance their long-term asset value.

Investment Analysis

(MK8 area)
Area Average
£388/sq ft
Avg Rent (weekly)
£352
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (MK8)

Area prices are falling by +10.1% over the last 12 months
3 year growth: -4.7%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on MK8 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

Dunthorne Way, Grange Farm, MK8
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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
£788
Based on a loan of £161,250 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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