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Land At Moreton Road, Buckingham, Buckinghamshire, MK18 - Image 1
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Land At Moreton Road, Buckingham, Buckinghamshire, MK18 - Image 8
Land At Moreton Road, Buckingham, Buckinghamshire, MK18 - Image 9

Land At Moreton Road, Buckingham, Buckinghamshire, MK18

South East

£390,000
Listed on 23/02/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a rare opportunity for those looking to invest in a residential plot with planning permission for a three-bedroom, two-storey house. Located just on the outskirts of Buckingham, an area known for its charm and community spirit, this serviced plot is part of a select development of four self-build opportunities. Spanning approximately 0.087 acres, this parcel is positioned within the northern section of the newly established Bellway Homes community, Moreton Fields. The site is fully equipped with essential utilities including mains water, electricity, and drainage, all ready for connection. This allows prospective buyers to focus on creating their ideal home while adhering to the planning consent (20/00510/APP) approved by Buckingham Council. While detailed drawings and plans will be provided by the developer, buyers also have the option to explore design modifications by securing their own planning approval. This flexibility makes the property particularly appealing for those wishing to customize their living space according to personal preferences or investment strategies. Beyond its developmental potential, the location offers significant lifestyle advantages. Buckingham town center features a variety of amenities such as shops, cafes, and weekly markets that celebrate local culture and commerce. For broader retail options, residents can easily access nearby Milton Keynes. The area also has a strong educational infrastructure with grammar and secondary schools as well as several respected private institutions. This plot not only provides an exciting chance to build your dream home but also represents an investment in a highly desirable location with proven growth potential. Whether you are looking to reside in this vibrant community or develop an asset for future rental income or resale, this property merits serious consideration.

Investment Analysis

(MK18 area)
Area Average
£377/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£180,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (MK18)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -3.6%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on MK18 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

Land At Moreton Road, Buckingham, Buckinghamshire, MK18
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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
£1,429
Based on a loan of £292,500 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