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Murrey Close, Shenley Lodge, Milton Keynes

South East

£349,995
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
721 sqft

Description

This three-bedroom end-of-terrace home, situated in a peaceful cul-de-sac, presents an excellent opportunity for renovation and investment. The property features a well-planned layout that includes an entrance hall leading to a spacious lounge and a dedicated dining area, providing flexibility for family living or entertaining. The kitchen, which has room for an upgrade, is fitted with essential appliances and offers ample cabinetry along with space for a dining setup. Natural light floods the area through double-glazed windows, enhancing the inviting atmosphere. While the current condition is livable, there is significant potential to modernize and enhance the space to suit contemporary tastes. On the first floor, you will find three bedrooms of varying sizes, ideal for accommodating families or creating home office spaces. The main bedroom features built-in storage while the others offer versatile options for use as guest rooms or play areas. The family bathroom contains essential fixtures and tiled walls, again highlighting areas ripe for updating. Outside, the enclosed rear garden provides a blank canvas for landscaping or outdoor entertaining, featuring both lawn and patio areas. With wooden fencing surrounding it and gated side access, this space promotes privacy while being functional. Additionally, off-road parking is available for two vehicles. Located in a desirable area known for its community feel and accessibility to local amenities and transport links, this property’s location further enhances its appeal as an investment opportunity. With attention to renovations and improvements throughout the home, there is potential to increase its value significantly in a competitive market. This property represents not just a home but also an avenue for creative vision and financial growth.

Investment Analysis

(MK5 area)

Above Market Value

This property is priced +21.9% above area average per sq ft

+21.9%
This Property
£485/sq ft
Area Average
£398/sq ft
Avg Rent (weekly)
£365
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£315,733
10% above area average per sq ft
Potential ROI
-15.8%
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

Murrey Close, Shenley Lodge, 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
£1,282
Based on a loan of £262,496 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