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Middlesex Drive, Bletchley, Milton Keynes

South East

£339,995
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
915 sqft

Description

This traditional three-bedroom semi-detached home presents a compelling opportunity for renovation and investment in a well-connected location. Nestled near the A5, it offers convenient access for commuters, with Bletchley mainline train station just a short distance away, providing fast services to London Euston—an attractive feature for both homeowners and renters alike. The current layout features an entrance hall leading to a box bay-fronted living room, a dining room with sliding doors to the garden, and a fitted kitchen equipped with essential appliances. Upstairs, you’ll find three bedrooms that offer various options for personal customization or expansion. There is also a shower room and a separate WC, providing ample facilities for family living. The property's sizable rear garden is primarily laid to lawn and includes a generous patio area—ideal for outdoor gatherings or potential landscaping projects. Additionally, there is a timber outbuilding that could serve as useful storage or be transformed into a creative workspace. The front garden features a double-width driveway, enhancing the property’s practicality. Bletchley itself offers a rich historical backdrop and boasts amenities such as supermarkets, restaurants, and pubs along its traditional high street. The area is well-regarded for its educational institutions; families will appreciate being within the catchment area of Abbeys Primary School and Lord Grey Academy, both rated 'Good' by Ofsted. With many neighboring properties having successfully extended or renovated their homes (subject to planning permission), this residence not only serves as an inviting home but also presents significant potential for future investment through development opportunities. Overall, this property offers both comfort in its current state and promising prospects for enhancement in one of Bletchley's desirable neighborhoods.

Investment Analysis

(MK3 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£372/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£350,061
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Middlesex Drive, Bletchley, 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
£1,245
Based on a loan of £254,996 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