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Kelso Close, Bletchley, Milton Keynes

South East

£235,000
Listed on 05/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
710 sqft

Description

This detached house presents a unique opportunity for those looking to invest in a renovation project. Originally designed as a three-bedroom home, it has been altered to feature two bedrooms but can be easily converted back to its original layout. The property boasts a spacious wrap-around garden, a garage, and off-street parking, all providing excellent potential for future value enhancement. Conveniently located near Bletchley railway station and within easy reach of local amenities, this property will attract buyers interested in creating their ideal residence or rental investment. It requires relatively light refurbishment, making it an attractive option for both first-time buyers and seasoned investors alike.

Investment Analysis

(MK3 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£331/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£313
Avg Yield
4.6%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£272,920
10% above area average per sq ft
Potential ROI
+5.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (MK3)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +1.7%
5 year growth: +11.4%
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

Kelso Close, Bletchley, Milton Keynes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£848
Based on a loan of £176,250 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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