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Redland Drive, Milton Keynes, MK5

South East

£1,350,000

Listed on 22/05/2026

Property Details

Bedrooms
6
Type
Detached
Area
3197 sqft

Description

This property in Loughton presents an excellent opportunity for potential investors and families looking to create their ideal home. Nestled close to Milton Keynes, this residence boasts a sizable driveway and the possibility of adding a double or triple garage, subject to planning permission. Upon entering, you are greeted by a spacious hallway that connects to multiple reception rooms at the rear, each offering versatility for various family activities. The separate kitchen at the front includes a utility room with convenient side access to the garden. There's significant scope to merge this space with one or more reception rooms, paving the way for a modern open-plan kitchen and living area. A unique feature of this home is an additional reception area currently utilized as a gym, which could effortlessly transform into an office or studio space. The studio, complete with its own entrance from the driveway, is ideal for multi-generational living or as a private retreat. It accommodates sleeping and living areas along with its own shower room, offering options for further customization, such as incorporating a kitchen if desired. Upstairs features five well-proportioned bedrooms— the master bedroom benefits from an ensuite, while all other bedrooms can comfortably accommodate double beds. A four-piece family bathroom serves the additional rooms. The expansive garden is another highlight; it provides ample outdoor space for children or could be developed further like neighboring properties. The addition of mature trees offers privacy and tranquility despite its proximity to Central Milton Keynes.

Investment Analysis

(MK5 area)

Above Market Value

This property is priced +7.9% above area average per sq ft

+7.9%
This Property
£422/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£376
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £90,000
Target Value
£1,376,612
10% above area average per sq ft
Potential ROI
-4.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (MK5)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -3.5%
5 year growth: +5.5%
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

Redland Drive, Milton Keynes, MK5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,816
Based on a loan of £1,012,500 over 30 years at 3.97% 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

Price History

+8.0% since listed
£1,350,000+£100,000(+8.0%)
23/05/2026
Current price
£1,250,000Initial listing
15/10/2025

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