3-bedroom house · MK5 8AF
For saleReduced £25k (−4.2%) on 25 SepListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain Free | Exceptional Plot with Development Potential.
Offered to the market with no onward chain, this attractive three-bedroom semi-detached character home occupies a truly outstanding plot in one of Milton Keynes' most sought-after locations.
While the property itself provides well-presented family accommodation, it is the remarkable rear garden and future opportunities that make this a genuinely rare offering.
The property has recently been redecorated throughout and is presented in excellent order.
The accommodation begins with an entrance hall leading to a spacious living room positioned at the front of the house, enjoying plenty of natural light and offering a comfortable space for family living.
To the rear, the kitchen/breakfast room provides ample space for dining and everyday life, while beyond this the former outbuilding has been incorporated into the main accommodation to create a useful utility area and cloakroom/WC.
On the first floor are three well-proportioned bedrooms and a family bathroom, making the property ideally suited to families, downsizers and those looking to take advantage of the property's unique future potential.
Externally, the home enjoys a generous frontage with a large lawned garden, driveway parking and a garage.
A particular feature is the garage's dual access arrangement, with doors to both the front and rear, creating a useful drive-through design. The real showstopper, however, lies to the rear.
The property benefits from an exceptionally large L-shaped garden, extending far beyond what is typically found with similar homes.
In addition to the main garden area, the plot continues behind neighbouring gardens to a substantial additional section of land.
Situated within this area is a large brick-built outbuilding with power connected. Planning permission has previously been submitted to convert this building into a substantial detached bungalow.
While consent has not been granted, feedback received during the process suggests that a development of this nature may be achievable, subject to the necessary planning approvals.
As such, the property presents an exciting opportunity for buyers seeking multigenerational living, a potential self-contained annexe, guest accommodation, holiday let/Airbnb potential, or simply a longer-term development project.
Properties offering this combination of character, location, generous gardens and future possibilities are rarely available, making this a unique opportunity within the highly regarded area of Loughton.
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
Agent & docs
FAQ
About 63, London Road, Milton Keynes
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