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Runford Court, Shenley Lodge

South East

£275,000
Listed on 15/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
581 sqft

Description

This two-bedroom detached property offers a solid foundation for those looking to create their ideal home or make a worthwhile investment in a desirable neighborhood. Nestled in the well-regarded area of Shenley Lodge, Milton Keynes, this residence presents various features that could be enhanced with thoughtful renovations. Upon entering, you'll find an entrance hall that provides convenient storage space and easy access to the kitchen and expansive lounge/diner. The lounge/diner, measuring over 14 feet in length, is filled with natural light from multiple windows and includes doors leading directly to the rear garden. This versatile living area has great potential for reconfiguration or expansion, allowing for customization based on your preferences. The kitchen comes equipped with ample wall and base units as well as modern tiling, providing a functional workspace while also offering opportunities for updates. Upstairs, the property contains two bedrooms alongside a family bathroom—each room represents an opportunity to purify the space and bring in fresh design elements. Externally, the property boasts a driveway capable of accommodating two vehicles and a rear garden primarily laid to lawn. The garden is enclosed by wooden fencing for privacy and features a patio area suitable for outdoor entertaining. With potential for extension both to the side and rear of the house (subject to planning permissions), this outdoor space can easily be transformed into a more dynamic area. Location-wise, this home is appealing due to its proximity to sought-after schools such as Denbigh Secondary School and Caroline Haslett Primary School. Families will appreciate being within walking distance of these institutions. For commuters, Central Milton Keynes is conveniently less than ten minutes away, providing access to major transport links and a vibrant city atmosphere filled with retail and leisure options. Nearby amenities also include Furzton Lake and numerous green spaces along with several playgrounds—ideal for families seeking outdoor activities. This property not only offers comfortable living but also represents significant potential for renovation or investment in an attractive location.

Investment Analysis

(MK5 area)

Above Market Value

This property is priced +18.9% above area average per sq ft

+18.9%
This Property
£473/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£254,426
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
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
15%
Properties sold annually

Local Market Trend (MK5)

Area prices are falling by +12.9% over the last 12 months
3 year growth: -10.0%
5 year growth: 3.6%
Investment Disclaimer: Analysis based on MK5 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

Runford Court, Shenley Lodge
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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
£1,007
Based on a loan of £206,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE