West Street, Olney
South East
£500,000
Listed on 05/11/2026
Listed on 05/11/2026
The listing
Property details
Bedrooms
3Type
DetachedFeatures
- Garage
- Garden
Description
This three-bedroom detached Victorian house in Olney is being offered as a renovation project and is not currently habitable. The existing accommodation is described as having two reception rooms, a kitchen/diner, rear porch and cloakroom on the ground floor, with three bedrooms and a family bathroom upstairs. The property has been stripped out in preparation for refurbishment.
The listing states that planning permission has been granted for a substantial two-storey rear extension. The approved scheme is described as adding an open-plan kitchen and family room, together with a principal bedroom and en-suite. Buyers should verify the permission, approved drawings and any conditions before relying on the proposed works.
Outside, the property has a generous rear garden and a double-width garage. It is within walking distance of Olney High Street and Market Place. Purchasers will need to budget for refurbishment, and those considering mortgage finance should check lending suitability for a property that is currently uninhabitable.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
This three-bedroom detached Victorian house in a sought-after part of Olney is a substantial blank-canvas project, with character features including a fireplace surround and a generous garden with established planting. The stripped-out, non-habitable interior gives the next owner scope to reinstate the house and shape its layout; the listing also states that planning permission has been granted for a substantial two-storey rear extension, which should be verified along with its conditions. The £500,000 asking price cannot yet be judged against local £/sqf because the floor area is missing, and the overall WHOTS score is low at 47/100, grade E. Limited photo coverage makes the renovation assessment further provisional.
The location and house fundamentals are positives, but this is a heavy, hands-on project rather than a cosmetic refresh. The exterior views show no obvious major failure, though they do not establish the roof or structural condition.
Key opportunities
- Reinstate the stripped Victorian interiors and make the most of the two reception rooms and retained fireplace surround.
- The stated permission for a substantial two-storey rear extension could enable a larger kitchen and family space and a new principal bedroom with en-suite; verify the permission and conditions.
- Build on the established garden and lawn, with scope to improve the untidy rear hardstanding and create a more finished outdoor space.
Key risks
- Stripped interiors, exposed masonry and ceiling structure, and unfinished floors make this a heavy full-interior rebuild; plan for a substantial programme rather than a cosmetic refresh.
- The house is stated to be non-habitable, and the submitted exterior views do not establish roof or structural condition.
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Transport
Nearest stations
Wolverton Rail Station
7.5 miles
Train · Wolverton
Milton Keynes Central Rail Station
8.9 miles
Train · Milton Keynes
Kempston Hardwick Rail Station
9.5 miles
Train · Kempston Hardwick
Bedford Rail Station
9.6 miles
Train · Bedford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£2,043
Based on a loan of £375,000 over 30 years at 5.13% 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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