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Kennet Drive, Bletchley, Milton Keynes

South East

£230,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
724 sqft

Description

This end-of-terrace two-bedroom home offers a practical layout, making it an excellent investment opportunity with notable potential for enhancement. Situated within the popular 'Rivers' development, the property features off-road parking and a generous rear garden that could be ripe for extension, subject to the necessary permissions. Inside, you'll find a welcoming entrance hall leading to a cloakroom, a lounge equipped with a gas fireplace, a separate dining area, and a functional kitchen. The first floor comprises two well-sized double bedrooms with ample storage options and a family bathroom that includes both a shower cubicle and partial tiling. Its location also provides convenient access to local amenities, schools, transport links including Bletchley train station, and major road networks like the A5 and M1. This property is offered without a chain, simplifying the purchasing process for prospective buyers looking to make their mark with renovations.

Investment Analysis

(MK3 area)

Below Market Value

This property is priced -8.7% below area average per sq ft

-8.7%
Potential saving
This Property
£318/sq ft
Area Average
£348/sq ft
Avg Rent (weekly)
£296
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£18,000 - £27,000
Target Value
£276,988
10% above area average per sq ft
Potential ROI
+7.8%
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

Kennet 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
£843
Based on a loan of £172,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE