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Elm Drive, Deanshanger, Milton Keynes

South East

£290,000

Listed on 30/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
870 sqft

Description

This spacious bungalow, situated in a tranquil residential area, presents an excellent opportunity for those looking to invest in a property with considerable potential. With no onward chain, the home features a flexible layout, including two well-sized double bedrooms that overlook the expansive garden, which could be modernised or extended to create additional living space (subject to local planning permissions). Upon entry, you'll find a centrally located hallway that connects the living areas seamlessly. The kitchen and sitting room are positioned at the front of the property, offering bright natural light. Completing the internal layout is a family bathroom that provides essential amenities. The outdoor space is one of this property's standout features; a generously sized rear garden mainly laid to lawn offers plentiful room for gardening enthusiasts or those who envision entertaining outdoors. The front garden is neatly kept, enhancing the overall appeal of the home. Additionally, there’s a detached garage that not only provides storage but also holds potential for conversion into a workshop or studio (again, subject to permissions). Overall, this bungalow combines comfortable living with exciting renovation possibilities, making it suitable for both downsizers seeking simplicity and families looking for customization options. Early viewing is advised to fully grasp the size and investment potential this property affords.

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Investment analysis

(MK19 area)

Below Market Value

This property is priced -8.2% below area average per sq ft

-8.2%
Potential saving
This Property
£333/sq ft
Area Average
£363/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£347,535
10% above area average per sq ft
Potential ROI
+5.3%
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
20%
Properties sold annually

Local Market Trend (MK19)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -4.0%
5 year growth: -2.2%
Investment Disclaimer: Analysis based on MK19 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

Elm Drive, Deanshanger, Milton Keynes
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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
£1,096
Based on a loan of £217,500 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

Next Steps

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