Carters Estate Agents says ..

Property Oracle says ..

This two-bedroom terraced house located on New Street in Stony Stratford, Milton Keynes, presents a mixed bag of attributes. The property’s location within Stony Stratford is a significant advantage. Stony Stratford is a charming historic town with a good selection of local shops, restaurants, and pubs. The nearby Russell Street School is rated ‘Good’ by Ofsted, making the property attractive to families. The town also enjoys relatively good transport links, although being a little further away from Milton Keynes Central Railway station compared to other properties within the wider Milton Keynes urban area.

The property itself is in fair condition. The photos reveal a house that is habitable but dated, particularly in the kitchen and bathroom. The property’s interiors are in need of some updating and modernisation to meet the standards of modern buyers. The presence of a small paved rear yard offers some outdoor space but lacks the size and appeal of a larger garden.

The list price of £229,500 needs to be considered in relation to other properties in Stony Stratford. The average price of similar terraced houses on New Street ranges from around £208,000 to £276,250. Considering the property’s condition and the relatively small outdoor space, the list price is reasonably competitive within its local market, though not exceptionally good value for money. A significant amount of renovation work might increase the value. Potential buyers would need to factor in modernisation costs. Overall, the property presents a viable opportunity for someone looking for a property in a desirable location that they are happy to renovate and potentially increase the property’s long term value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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