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Brooklands Road, Milton Keynes, Buckinghamshire, MK2

South East

£240,000

Listed on 23/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
797 sqft

Description

This mid-terrace two-bedroom property, nestled in the historic area of Bletchley, Milton Keynes, offers a unique investment opportunity for those looking to make their mark through renovations. Despite its dated interiors, this home provides a blank canvas perfect for updating and modernising the living space to reflect your style. The property features a well-sized garden, which could be transformed into an inviting outdoor retreat with some thoughtful landscaping. While the windows are aging, they are still functional and could be restored to enhance the home's charm further. Additionally, there is a generous garage for parking or extra storage needs. Located within walking distance of the iconic Bletchley Park and close to local amenities, including shops and restaurants at The Brunel Shopping Centre, this property combines historical significance with modern conveniences. With accessible transport links via Bletchley Train Station and proximity to major motorways, it's an appealing option for both first-time buyers and seasoned investors eager to unlock its potential.

Investment Analysis

(MK2 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£301/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£284
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£261,169
10% above area average per sq ft
Potential ROI
-1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (MK2)

Area prices are rising by +10.4% over the last 12 months
3 year growth: -3.7%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on MK2 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

Brooklands Road, Milton Keynes, Buckinghamshire, MK2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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.

Stamp Duty Calculator

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