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Favell Drive, Furzton, Milton Keynes, MK4 1AJ - Image 1
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Favell Drive, Furzton, Milton Keynes, MK4 1AJ

South East

£250,000
Listed on 23/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
354 sqft

Description

This three-bedroom terraced home in the sought-after area of Furzton offers a promising canvas for those looking to invest or renovate. While currently functional, the property is in need of modern updates, making it an ideal prospect for buyers eager to personalize their living space and increase its value. The layout includes an inviting entrance hall with stairs leading to the upper floor. The spacious lounge provides a front-facing view and ample natural light, while the separate kitchen/diner opens up to the rear garden, perfect for casual dining or entertaining. The home features three bedrooms—two doubles and a single—along with a family bathroom that can be refreshed to meet contemporary standards. Externally, you’ll find an enclosed rear garden along with a garage located in a nearby block, which adds convenience for storage and parking needs. Furzton boasts excellent connectivity, with its proximity to local amenities, reputable schools, and beautiful green spaces like Furzton Lake enhancing its appeal. Additionally, it’s just a short distance from Central Milton Keynes shopping centre and the mainline railway station, ensuring easy access to urban conveniences. This property is competitively priced to reflect its renovation potential and presents a unique opportunity for first-time buyers, families, or investors aiming to create a home that reflects their personal style while benefiting from the area's strong growth trajectory.

Investment Analysis

(MK4 area)

Above Market Value

This property is priced +80.8% above area average per sq ft

+80.8%
This Property
£706/sq ft
Area Average
£391/sq ft
Avg Rent (weekly)
£359
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£152,061
10% above area average per sq ft
Potential ROI
-47.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (MK4)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -6.5%
5 year growth: 7.7%
Investment Disclaimer: Analysis based on MK4 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

Favell Drive, Furzton, Milton Keynes, MK4 1AJ
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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
£916
Based on a loan of £187,500 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