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Dunthorne Way, Grange Farm, MK8

South East

£215,000
Listed on 05/11/2025

Property Details

Bedrooms
2
Type
Flat

Description

Nestled on the second floor of a well-constructed development, this two-bedroom apartment presents an enticing opportunity for those interested in renovation and investment. With a layout that offers ample scope for personalization, it is ideal for buyers looking to create their perfect living space. The heart of the home is the open-plan kitchen, living, and dining area, which receives good natural light and opens onto a private balcony. This outdoor space adds versatility and could be enhanced further with some creative landscaping or furniture choices. The existing kitchen, while functional, would benefit from contemporary updates to maximize its potential. Both bedrooms are generously sized and adaptable for various needs—whether as shared accommodations, guest rooms, or home offices. The clean bathroom features a full-sized bath complemented by an overhead shower—a practical arrangement for daily use that could be modernized to elevate the overall aesthetic. Residents will appreciate secure gated parking, adding convenience and peace of mind to living in this community-oriented environment. Currently tenanted by reliable occupants, the property serves as an immediate investment option with consistent rental income. Situated in a well-connected locale, the area boasts a diverse array of shops, eateries, and essential amenities. Additionally, several reputable schools are within proximity, enhancing its appeal for families. With strong transport links readily accessible, this apartment not only represents a solid investment but also offers significant potential for future improvements that could enhance value over time.

Investment Analysis

(MK8 area)
Area Average
£388/sq ft
Avg Rent (weekly)
£352
Avg Yield
4.2%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (MK8)

Area prices are falling by +10.1% over the last 12 months
3 year growth: -4.7%
5 year growth: -0.3%
Investment Disclaimer: Analysis based on MK8 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

Dunthorne Way, Grange Farm, MK8
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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
£788
Based on a loan of £161,250 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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