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Cambridge Street, Bletchley, MILTON KEYNES - Image 5
Cambridge Street, Bletchley, MILTON KEYNES - Image 6

Cambridge Street, Bletchley, MILTON KEYNES

South East

£375,000
Listed on 15/02/2026

Property Details

Bedrooms
16
Type
Detached house

Description

This two-story detached building presents a significant opportunity for investors or developers looking to capitalize on its existing layout and granted planning permissions. Currently configured as a 16-room residential facility with shared amenities, the property requires modernization to unlock its full potential. With planning approval in place for conversion into six self-contained two-bedroom apartments, this asset is poised for transformation into desirable living spaces. Located at the intersection of Cambridge Street and Cawkwell Way, it enjoys convenient access to public transport, including Bletchley mainline station just 1 km away, as well as local shopping and recreational facilities in Bletchley Town Centre and beyond. Ideal for various uses beyond residential conversion, this property could also serve other purposes such as care homes or educational facilities, subject to necessary consents. Full vacant possession ensures a straightforward transition for developers ready to take on this renovation project.

Investment Analysis

(MK2 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£291
Avg Yield
5.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (MK2)

Area prices are rising by +22.2% over the last 12 months
3 year growth: +5.6%
5 year growth: +27.2%
Investment Disclaimer: Analysis based on MK2 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

Cambridge Street, Bletchley, MILTON KEYNES
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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