Perracombe, Furzton, Milton Keynes, MK4
South East
£200,000
Listed on 03/10/2026
Listed on 03/10/2026
The listing
Property details
Bedrooms
2Type
End Of TerraceArea
517 sqftFeatures
- Garden
- Parking
Description
This two-bedroom semi-detached bungalow is offered with no onward chain and requires refurbishment. Its accommodation comprises an entrance hall, kitchen, lounge/diner, two bedrooms and a bathroom. Outside, there are front and rear gardens and a driveway with space for two cars.
The property is in Furzton, a residential area of south-west Milton Keynes. Nearby facilities include local shops and services, schools and nurseries, while Furzton Lake and Tattenhoe Valley Park provide nearby walking and cycling routes. Westcroft and central Milton Keynes offer further shopping and leisure options. Road links include the A421 and M1, and Milton Keynes Central railway station is within reach.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
36out of 100
Grade ELow opportunity
Confidence: MEDIUM
This two-bedroom Furzton bungalow has a clear renovation canvas: worn finishes and flooring, marked walls, and significant ceiling damage in the kitchen, with staining or spotting also visible in several other rooms. The rear garden and two-car driveway add useful scope, while the tiled roof and exterior look intact in the available view. The £200,000 asking price is slightly below the local average on a £/sqf basis, but the numbers are less convincing once the works are included: the £45,000–£75,000 renovation range puts purchase plus refurbishment at roughly £245,000–£275,000, stretched against the local benchmark for this floor area. That benchmark is not a forecast of the value after renovation.
Key opportunities
- Rework the dated, damaged kitchen and open ceiling area as part of a broader interior renewal.
- Refresh the lounge and bedrooms with new finishes and flooring, creating a more cohesive feel across the bungalow.
- Clear the overgrown rear garden and improve the weathered paved area; the driveway offers space for two cars.
Key risks
- The open kitchen ceiling, staining across several rooms and widespread worn finishes make this a substantial project; the £45,000–£75,000 works range calls for a full-job budget and programme rather than a cosmetic refresh.
- At the asking price plus the indicated works range, total spend looks stretched against the local value benchmark for a home of this size; that benchmark is not a post-renovation valuation.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£756
Based on a loan of £150,000 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.
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