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Abbey Terrace, Newport Pagnell

South East

£240,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
700 sqft

Description

This Victorian mid-terraced home presents an excellent opportunity for renovation, situated conveniently close to Newport Pagnell's vibrant town centre. Available without a chain, the property is ideal for those looking to invest in a project that allows for personalization and modernization. Inside, the property showcases a traditional layout with separate reception rooms that can be adapted for family living or entertaining guests. The accommodation includes a practical downstairs cloakroom and a generously sized bathroom on the upper floor, catering to daily needs. Additionally, the utility room offers extra space, while the loft room—accessible from the landing—comes equipped with a skylight, making it suitable for use as a home office or additional storage. The exterior features tidy gardens at both the front and rear, providing potential for landscaping or outdoor relaxation. Newport Pagnell boasts a rich historical backdrop dating back to Roman times and is notably the birthplace of Aston Martin. The town strikes a balance between historic charm and modern convenience, with easy access to local amenities including shops, restaurants, and public houses along its lively high street. Commuters will benefit from excellent transport links via the M1 motorway and nearby railway stations that connect to London in approximately 45 minutes. Families will find reliable educational options nearby with several reputable schools within close proximity. Community facilities such as an indoor swimming pool and library enhance the appeal of this location. With its combination of character, substantial investment potential through modernization, and strategic location in North East Buckinghamshire, this property is well-positioned to attract interest from buyers seeking both livability and future value growth. Viewing is recommended to fully appreciate what this home has to offer.

Investment Analysis

(MK16 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£343/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£294
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£295,950
10% above area average per sq ft
Potential ROI
+5.7%
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 (MK16)

Area prices are rising by +7.1% over the last 12 months
3 year growth: 6.1%
5 year growth: 21.0%
Investment Disclaimer: Analysis based on MK16 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

Abbey Terrace, Newport Pagnell
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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
£879
Based on a loan of £180,000 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