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Mersey Close, Bletchley

South East

£280,000
Listed on 11/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
775 sqft

Description

This three-bedroom end-of-terrace property, situated in the desirable Rivers Estate of West Bletchley, presents a solid opportunity for buyers looking to invest in a home with renovation potential. While currently neutrally decorated, the house would greatly benefit from some updating to enhance its functionality and appeal. The layout features a welcoming front porch leading into a versatile living room that seamlessly connects to a dining area—ideal for creating an open-plan space. The kitchen, albeit functional, has room for modernisation with improvements possible to maximise storage and workflow. Upstairs are three bedrooms and a bathroom, which also offer scope for enhancement. Externally, the property showcases a manageable front garden and an enclosed rear garden with both patio and lawn areas. There is convenient off-road parking access via double gates at the back. Located close to vital amenities such as schools, parks, and transport links including Bletchley train station, this property is particularly suited for families or first-time buyers willing to invest time and effort into updates that will elevate its value significantly.

Investment Analysis

(MK3 area)

Above Market Value

This property is priced +3.9% above area average per sq ft

+3.9%
This Property
£361/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£296,500
10% above area average per sq ft
Potential ROI
-2.8%
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

Mersey Close, Bletchley
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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
£1,026
Based on a loan of £210,000 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