Clarence Road, Stony Stratford, Milton Keynes
South East
£280,000
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
3Type
TerracedArea
826 sqftFeatures
- Garden
Description
This three-bedroom terraced house in Stony Stratford has a living room opening into a separate dining room, with the kitchen and ground-floor bathroom at the rear. The first floor provides three bedrooms. The property is described as requiring modernisation, offering scope for a buyer to update the accommodation to suit their needs. An enclosed rear garden completes the layout. The sale is by private treaty, outside the Modern Method of Auction.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
57out of 100
Grade DWeak opportunity
Confidence: MEDIUM
At £280,000, this three-bedroom Stony Stratford terrace is priced about 10% below the local £/sqf average, giving project buyers a relatively cheaper entry point. The separate living and dining rooms offer a flexible starting layout, while the dated finishes, worn timber floors and overgrown rear garden leave plenty of scope to refresh and reshape the property.
On the economics, the asking price is reasonable enough, yet £66,500 of quoted works still lifts all-in spend towards £346,500 — roughly 10% above what comparable floor area achieves locally in current condition. Worth factoring in before you assume strong upside from the works alone.
Key opportunities
- Refresh the older kitchen and bathroom as part of a coordinated modernisation.
- Improve the separate living and dining rooms by updating the finishes and addressing the worn timber floors.
- Clear and redesign the overgrown enclosed rear garden to make better use of its outdoor space.
Key risks
- Purchase and refurbishment costs look tight against local benchmarks, leaving limited headroom at the estimated renovation midpoint.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,058
Based on a loan of £210,000 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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