4-bedroom terraced house · MK2 3QF
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Uppper Chain - Four Bedroom Townhouse – Integral Garage – Sought After Location – Great Commuter Links - Close To Local Schools, Parks & Amenities Positioned within the ever-popular Lakes Estate in Bletchley, this spacious four bedroom three-storey townhouse offers generous and versatile accommodation, an integral garage, and excellent potential to create a modern family home in a well-established residential setting.
Ideally placed for local amenities, reputable schools, green spaces and transport links, the property is within easy reach of Bletchley mainline station with direct services to London Euston, as well as convenient access to the A5, A421 and wider Milton Keynes area.
Offered for sale with no upper chain, the property provides an excellent opportunity for buyers looking for a project with scope to add value, with flexible accommodation arranged over three floors.
The ground floor comprises an entrance hall with stairs rising to the first floor, a downstairs WC, and access to a large integral garage to the front.
To the rear is a well-proportioned kitchen/diner, offering strong potential to be reconfigured into a contemporary open-plan living space (subject to any necessary consents), making it ideal for modern family living.
On the first floor, a spacious living room spans the full width of the property to the rear, providing a bright and comfortable reception space.
Also on this level is a good-sized bedroom positioned to the front, offering flexibility for use as a guest room, office or additional sitting space.
The second floor hosts three further bedrooms, including two well-proportioned doubles and a single bedroom, along with a family bathroom.
This layout lends itself well to a variety of uses, including family occupation, guest accommodation or home working arrangements.
While the property would benefit from full modernisation throughout, including kitchen, bathroom and cosmetic updating, it represents a superb opportunity for investors, developers or owner-occupiers to create a high-quality home in a desirable and established location.
Additional Information: EPC Rating: TBC Council Tax Band: A
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Fern Grove, Bletchley, MK2
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