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Lakes Lane, Newport Pagnell, Buckinghamshire, MK16

South East

£600,000
Listed on 01/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1220 sqft

Description

This extended semi-detached home features three bedrooms and is located on the sought-after Lakes Lane in Newport Pagnell. The property sits on a spacious plot with a large rear garden, offering tremendous potential for both landscaping and further extensions, subject to the necessary planning permissions. The front of the house provides delightful views over Bury Common, a protected green space that enhances its appeal. Internally, you are welcomed into an entrance hall that connects to the main living areas. The bright living room boasts a traditional bay window framing views across the common. This flows seamlessly into the kitchen/diner area, which is generously proportioned and serves as an ideal foundation for renovation or reconfiguration. Access to a utility room adds practical storage solutions or potential for modernisation. At the rear of the property, there is an open lounge that overlooks the garden and leads into a conservatory designed for family enjoyment and entertaining, with double doors that open onto the south-west facing garden. On the first floor, three bedrooms await: Bedroom One presents ample space with another large bay window; Bedroom Two is also well-sized with built-in wardrobes; while Bedroom Three is currently used as a home office but could serve as a cosy single bedroom. A family bathroom completes this level. The exterior offers significant outdoor space ideal for those looking to enhance their garden or even extend outward or upward (STPP). Additionally, there’s driveway parking and a garage providing storage or conversion opportunities. While this property requires modernisation throughout, it stands as an excellent opportunity for buyers keen to put their personal touch on their future home and take advantage of its expansive potential in a desirable area. Located conveniently close to Newport Pagnell's high street, schools within Ousedale catchment, parks, and essential transport links like Milton Keynes Train Station and the M1.

Investment Analysis

(MK16 area)

Above Market Value

This property is priced +29.0% above area average per sq ft

+29.0%
This Property
£492/sq ft
Area Average
£381/sq ft
Avg Rent (weekly)
£316
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£511,436
10% above area average per sq ft
Potential ROI
-20.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (MK16)

Area prices are rising by +3.2% over the last 12 months
3 year growth: +4.4%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on MK16 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

Lakes Lane, Newport Pagnell, Buckinghamshire, MK16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,125
Based on a loan of £450,000 over 30 years at 3.91% 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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