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Craigmore Avenue, Bletchley, Milton Keynes, MK3 - Image 1
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Craigmore Avenue, Bletchley, Milton Keynes, MK3 - Image 3
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Craigmore Avenue, Bletchley, Milton Keynes, MK3

South East

£475,000
Listed on 25/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1627 sqft

Description

This detached family home, set in a tranquil cul-de-sac location, offers an excellent opportunity for renovation and investment. With four bedrooms and a total living space of approximately 1,627 sq. ft., the property sits on a spacious plot that allows for future enhancements or extensions (subject to planning permission). Conveniently located just off Shenley Road, this home benefits from easy access to various local amenities, including reputable schools, parks, and shops. The proximity to Bletchley town centre and its mainline train station further enhances its appeal, providing straightforward links to Central Milton Keynes and London. The interior features a well-thought-out layout ideal for family life. The generously sized living room welcomes plenty of natural light and connects seamlessly to a conservatory that overlooks the rear garden. The adjacent kitchen presents an opportunity for reconfiguration or expansion, allowing homeowners to create a more open-plan space tailored to modern living preferences. On the ground floor, two adaptable bedrooms can serve multiple purposes—whether as guest accommodations, an office, or a children's play area—complemented by a convenient shower room and separate WC. Upstairs, you'll find two additional double bedrooms equipped with built-in storage solutions and a family bathroom. This flexible arrangement is particularly suited for families looking to adapt their living spaces over time. Outside, the property's rear garden is both private and sizeable, offering plenty of room for seating arrangements or potential landscaping projects (STPP). The front of the home features a driveway alongside an integral garage, ensuring off-road parking and additional storage options. This property represents a unique chance to acquire a detached home in an established residential neighborhood with significant potential for personalization and improvement. With its generous layout and desirable location on Craigmore Avenue, this home is poised to become an exceptional family dwelling while providing substantial investment opportunities for those willing to explore its full potential.

Investment Analysis

(MK3 area)

Below Market Value

This property is priced -16.1% below area average per sq ft

-16.1%
Potential saving
This Property
£292/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£622,458
10% above area average per sq ft
Potential ROI
+12.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (MK3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 0.8%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on MK3 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

Craigmore Avenue, Bletchley, Milton Keynes, MK3
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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
£1,740
Based on a loan of £356,250 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