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Fletchers Mews, Neath Hill, Milton Keynes

South East

£285,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1076 sqft

Description

This three-bedroom townhouse, situated in the sought-after Neath Hill area of Milton Keynes, provides a solid foundation for those looking to invest or renovate. The layout includes an entrance hall leading to a cloakroom and a kitchen/diner with UPVC French doors that open onto an enclosed rear garden, offering potential for outdoor enhancements and landscaping. On the first floor, you'll find a spacious lounge with French doors that lead to a balcony, along with the principal bedroom. The second floor features two additional well-sized bedrooms and a family bathroom. This thoughtful design optimizes space and light throughout the home. Externally, the property includes a carport and an enclosed garden area, both of which present opportunities for further development or personalization. Although some modernization is needed, this aspect allows new owners to tailor the home to their individual taste and requirements while potentially increasing its market value. Located conveniently close to local amenities, schools, and transport links to Central Milton Keynes, this property not only offers comfortable living but also significant investment potential. Its competitive pricing reflects its current condition while suggesting ample room for improvement and growth in value over time. The council tax band is B and energy rating is C, providing further details for prospective buyers considering their financial planning for renovations or updates. Overall, this townhouse represents a promising opportunity for those willing to invest time into transforming it into a contemporary residence.

Investment Analysis

(MK14 area)

Below Market Value

This property is priced -19.7% below area average per sq ft

-19.7%
Potential saving
This Property
£265/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£390,174
10% above area average per sq ft
Potential ROI
+23.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (MK14)

Area prices are rising by +9.6% over the last 12 months
3 year growth: 7.9%
5 year growth: 25.8%
Investment Disclaimer: Analysis based on MK14 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

Fletchers Mews, Neath Hill, Milton Keynes
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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
£1,044
Based on a loan of £213,750 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