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Chapel Close, Honeydon MK44

South East

£125,000
Listed on 11/12/2025

Property Details

Bedrooms
1
Type
Detached house

Description

This distinctive former Wesleyan chapel presents a unique investment opportunity, situated in a serene rural environment while being conveniently accessible from the A1 and St Neots train station, which offers direct links to London. The property encompasses approximately 289 sq. ft. (26.8 sq. m.) of open-plan space, making it an ideal candidate for transformation into a charming one-bedroom detached residence, pending planning consent. Its standalone position and adaptable layout allow for creative renovations, perfect for achieving a bespoke living space or rental investment. Nestled in the tranquil countryside yet just minutes away from essential transport routes, this property merges rural tranquility with modern conveniences. It is freehold and comes with no onward chain, making it an attractive proposition for developers or investors seeking a project that stands out.

Investment Analysis

(MK44 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£360
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (MK44)

Area prices are rising by +5.3% over the last 12 months
3 year growth: -0.4%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on MK44 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

Chapel Close, Honeydon MK44
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£458
Based on a loan of £93,750 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE