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South East
£145,000
Listed on 06/10/2026
Listed on 06/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This two-bedroom flat in Central Milton Keynes presents an excellent opportunity for those looking to invest in a renovation project. Priced at £145,000, the property is attractively positioned at £248/sqf, which is significantly below the local average of £370/sqf, making it a compelling option for buyers seeking value. The low asking price allows for the potential to create a good margin upon completion of renovations.
The interior is dated and requires a fair amount of modernisation throughout, including the kitchen and bathroom fixtures. However, this presents a blank canvas for the new owner to update the space to their taste and specifications. The shared garden area is well-kept, adding to the overall appeal of the property. With a renovation budget estimated between £40,000 and £80,000, there is plenty of scope to enhance the flats' value, especially given its central location and access to amenities and transport links.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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