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Weston Road, Olney, Buckinghamshire, MK46 - Image 1

Weston Road, Olney, Buckinghamshire, MK46

South East

£220,000
Listed on 16/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
668 sqft

Description

This two-bedroom terraced home in the sought-after market town of Olney presents a unique opportunity for renovation and investment. While the property requires modernization throughout, it offers significant potential for those looking to create a personalized living space or capitalize on its investment possibilities. The interior is spread over two levels, beginning with an entrance hall that leads into an open-plan sitting and dining area, providing generous space that can be reconfigured to suit modern lifestyles. The kitchen, located at the back of the house, offers convenient access to the outdoor areas, while an under-stairs storage area adds practicality. Upstairs, you’ll find two spacious double bedrooms, each with room for furniture arrangements and storage solutions. The first floor also includes a family bathroom and a landing that connects all main rooms, alongside additional storage options. Externally, the property features two rear gardens which present opportunities for landscaping or establishing outdoor entertaining areas. On-street parking is available at the front, adding convenience for residents and guests alike. Situated in Olney, this home benefits from easy access to a vibrant town center known for its independent shops, cafés, pubs, and a popular weekly market. Local amenities include well-regarded primary and secondary schools, healthcare facilities, and recreational options. For commuters, the property boasts excellent transport links to Milton Keynes, Bedford, and Northampton as well as quick rail connections from nearby stations to London. With its prime location and renovation potential, this terraced house is ideal for investors or buyers seeking a rewarding project in a thriving community.

Investment Analysis

(MK46 area)

Below Market Value

This property is priced -16.5% below area average per sq ft

-16.5%
Potential saving
This Property
£329/sq ft
Area Average
£395/sq ft
Avg Rent (weekly)
£307
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£289,915
10% above area average per sq ft
Potential ROI
+11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (MK46)

Area prices are falling by +4.5% over the last 12 months
3 year growth: -12.5%
5 year growth: 7.3%
Investment Disclaimer: Analysis based on MK46 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

Weston Road, Olney, Buckinghamshire, MK46
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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
£806
Based on a loan of £165,000 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