Summary - 19 LAMBERTS CROFT GREENLEYS MILTON KEYNES MK12 6AS
3 bed 1 bath Terraced
Tenanted three-bed terrace with immediate income and refurbishment potential..
- Three double bedrooms, one family bathroom
- Tenanted at £1,100 PCM; tenancy ends June 2025
- Freehold mid-terrace, approx. 969 sq ft
- Gas central heating, mains boiler, double glazing
- Small rear patio garden; low-maintenance
- Requires modernization; dated roof and fittings
- Area: high crime and very deprived, impacts growth
- Off-street parking; close to shops and schools
A three-bedroom mid-terrace in Greenleys offering immediate rental income and straightforward refurbishment potential. The property is currently tenanted at £1,100 PCM with an agreement running until June 2025 — an attractive, let-ready option for investors seeking cashflow from day one.
Internally the house provides a large open-plan kitchen/diner, separate lounge, three double bedrooms and a single family bathroom across approximately 969 sq ft. Gas central heating, a mains boiler, double glazing and off-street parking are in place, reducing immediate outlay. The rear garden is low-maintenance patio, suitable for easy tenant upkeep.
Material issues are clear and should be budgeted for: the mid-1970s build has cavity walls likely without insulation, the flat roof and some external elements look dated, and the interior requires modernisation to maximise value. The property sits in an area with high crime rates and very high deprivation, which affects long-term capital growth prospects and mortgage/letability criteria for some buyers.
Location strengths include nearby shops, local schools (several rated Good or Outstanding), bus links and walking distance to Wolverton and Central Milton Keynes. For investors wanting an off-the-shelf let with modest refurbishment upside, this is a practical purchase. For an owner-occupier seeking a long-term family home, be prepared for renovation and neighbourhood constraints.
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