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Lakes Lane, Newport Pagnell, Buckinghamshire, MK16

South East

£600,000

Listed on 13/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
1220 sqft

Description

This extended three-bedroom semi-detached property presents a compelling opportunity for renovation and potential expansion, nestled on the sought-after Lakes Lane in Newport Pagnell. The home sits on a generous plot with a substantial rear garden and offers picturesque views over Bury Common, enhancing its appeal for future enhancement or reconfiguration (subject to planning permissions). Currently, it features an entrance hall leading to a spacious living room with a bay window inviting natural light. The kitchen/diner is well-sized and connects to an open lounge area and conservatory, which provides a seamless transition to the outdoor space—a perfect setting for entertaining. Upstairs are three bedrooms, including two generously sized doubles and a third smaller room that can serve as an office. A family bathroom completes this level. The exterior boasts ample garden space ripe for landscaping or further development, along with driveway parking and garage access that holds conversion possibilities. While the property requires modernisation throughout, it is primed for buyers eager to customize their dream home while exploring options for side and rear extensions (STPP). Located conveniently close to local amenities, schools, parks, and transport links, this property represents a valuable investment opportunity.

Investment analysis

(MK16 area)

Above Market Value

This property is priced +28.9% above area average per sq ft

+28.9%
This Property
£492/sq ft
Area Average
£382/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£512,107
10% above area average per sq ft
Potential ROI
-24.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (MK16)

Area prices are falling by -6.6% over the last 12 months
3 year growth: +0.2%
5 year growth: +2.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,267
Based on a loan of £450,000 over 30 years at 4.45% 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.

Stamp duty calculator

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