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Self Build Plot, Mount Pleasant Close, Buckingham. MK18 - Image 1
Self Build Plot, Mount Pleasant Close, Buckingham. MK18 - Image 2
Self Build Plot, Mount Pleasant Close, Buckingham. MK18 - Image 3

Self Build Plot, Mount Pleasant Close, Buckingham. MK18

South East

£400,000
Listed on 17/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2002 sqft

Description

This detached bungalow is situated on a spacious, mature plot at the end of a tranquil cul-de-sac, offering a rare opportunity for renovation or redevelopment in one of the most desirable neighborhoods. The property currently holds full planning permission (Buckinghamshire Council ref: 24/03569/app) for the demolition of the existing structure and construction of a modern two-storey home, designed with a layout that caters to contemporary family living. The approved plans provide an excellent foundation, allowing potential buyers to tailor finishes and internal layouts to their preferences. This flexibility presents an inviting prospect for both seasoned self-builders seeking their next project as well as families eager to create a personalized space reflecting their lifestyle. Beyond its private setting, the location boasts several advantages. It is within the catchment area of the esteemed Royal Latin Grammar School and is close to various local amenities including shops, cafés, and parks, all contributing to a sense of community. Furthermore, easy access to transport links enhances its appeal; commuters can reach Bicester North in about 20 minutes or Milton Keynes Central in around 25 minutes for direct trains into London. For those who drive, major motorways such as the M40 and M1 are conveniently reachable within approximately 20-25 minutes, while routes like the A421 and A43 facilitate travel to larger nearby towns. The property also includes planned provisions for parking, with three off-street spaces and a single garage outlined in the development plans. Given its unique offerings and potential for customization in a sought-after area, this property stands out as an exceptional investment opportunity worthy of consideration.

Investment Analysis

(MK18 area)

Below Market Value

This property is priced -47.0% below area average per sq ft

-47.0%
Potential saving
This Property
£200/sq ft
Area Average
£377/sq ft
Avg Rent (weekly)
£281
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£830,340
10% above area average per sq ft
Potential ROI
+3.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (MK18)

Area prices are falling by +2.4% over the last 12 months
3 year growth: -3.6%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on MK18 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

Self Build Plot, Mount Pleasant Close, Buckingham. MK18
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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
£1,465
Based on a loan of £300,000 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.

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