Sold STC Terraced

46 CHESTER CLOSE

MILTON KEYNES, BLETCHLEY, MILTON KEYNES MK3 5JY

3 beds 1 baths 904 sq ft Listed 4 Nov 2024 (-593d)

£280,000

Save

Front Aspect Lounge Kitchen Garden Bedroom 2 Shower Room W.C Bedroom 1 Lounge Dining Room Bedroom 3 Kitchen Garden Front Aspect Front Aspect

/ 15

Property details

Tenure

FREEHOLD

Floor area

84 m²

Council tax band

B

EPC rating

D

Year built

England and Wales: 1950-1966

Last sold

£275,000 Feb 2025

Price per m²

£3,333/m²

Local average

£284,865 (-1.7%)

Deprivation

Decile 4 (12,484 of 33,755)

Street crime

94 incidents within 1 mile (Apr 2026)

Key features

  • THREE-BEDROOM TERRACED
  • LOUNGE
  • KITCHEN
  • DINING ROOM
  • GENEROUS REAR GARDEN
  • SHOWER ROOM
  • NO CHAIN

Additional details

Garden
Yes

Description

Situated in Far Bletchley is this three-bedroom terraced family home offered with no upper chain. The ground floor comprises an entrance hall, lounge, dining room and kitchen. On the first floor you have three bedrooms, a shower room and separate w.c. Externally the property benefits from both front and rear gardens.

Located in Far Bletchley, the Castles estate offers easy access to local shops, amenities and bus stops. A range of Primary schools and Secondary schools are in walking distance. including Saint Thomas Aquinas, as well as two local restaurants The Three Trees and The Swan.

Listed by

Bletchley

Michael Anthony

Reference: 154569260

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 08/11/2024

Expiry date: 07/11/2034

Current heating cost: £834/year

Potential heating cost: £727/year

Est. upgrade cost to C: £17,115

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£15)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #10307746

Property Details

Street: 46 Chester Close

Town: Bletchley

Postcode: MK3 5JY

Installation Details

Items: 1 door

Certificate Issued: 02/06/2014

Work Completed: 06/05/2014

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 21/02/2025 (1 year ago) £275,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 2 CHESTER CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5JY £280,000 12/05/2023 Semi-detached
Same street 60 CHESTER CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5JY £260,000 21/02/2023 Terraced
92 CAERNARVON CRESCENT, BLETCHLEY, MILTON KEYNES, MK3 7DP £245,000 09/12/2022 Terraced
11 WINDMILL HILL DRIVE, BLETCHLEY, MILTON KEYNES, MK3 7RE £334,000 26/08/2022 Terraced
Same street 14 CHESTER CLOSE, BLETCHLEY, MILTON KEYNES, MK3 5JY £270,000 29/07/2022 Terraced
256 BUCKINGHAM ROAD, BLETCHLEY, MILTON KEYNES, MK3 5JG £332,500 01/03/2022 Terraced
54 TATTENHOE LANE, BLETCHLEY, MILTON KEYNES, MK3 7AG £325,000 01/03/2022 Terraced
45 WHADDON WAY, BLETCHLEY, MILTON KEYNES, MK3 7DT £380,000 08/07/2021 Terraced

Street average: £270,000 (3 sales)

Area average: £323,300 (5 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 15.9%
10y growth 27.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Terraced. As of March 2026.

1y (index) -0.8%
5y (index) 17.1%
10y (index) 32.7%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,199/mo
Realistic £1,332/mo
Optimistic £1,465/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Milton Keynes: £1,192/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Knaresborough Court 0.0 miles
Shop Premier VNG Stores 0.2 miles
Shop Floral Art & Design 0.3 miles
Hospital Parkside Medical Centre 0.9 miles
Train station Bletchley 1.3 miles
Train station Fenny Stratford 2.1 miles
Hospital PJ Care Mallard House Neurological Care Centre 3.0 miles
University University of Bedfordshire Milton Keynes Campus 3.4 miles
University Vinson Building 9.7 miles

Street-level crime

Category Count
Violence and sexual offences 27
Shoplifting 18
Anti-social behaviour 14
Criminal damage and arson 7
Other theft 7
Vehicle crime 6
Other crime 5
Public order 4
Burglary 2
Drugs 2
Possession of weapons 1
Robbery 1
Total incidents 94

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Chestnuts Primary School Primary 0.1 miles Good — 10 Mar 2019
St Thomas Aquinas Catholic Primary School Primary 0.3 miles (Inspected (no overall grade))
Milton Keynes Preparatory School Other 0.4 miles (No rating)
Cambian Bletchley Park School Other 0.6 miles Good — 15 Jan 2023
Holne Chase Primary School Primary 0.7 miles Good — 20 Dec 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
3 Bed Semi-Detached House, Witham Court, MK3 £1,800/mo 3 0.66 miles OpenRent
3 Bed Maisonette, Cornwall Grove, MK3 £1,395/mo 3 0.79 miles OpenRent
3 Bed Terraced House, Berwick Drive, MK3 £1,495/mo 3 1.06 miles OpenRent
3 Bed Terraced House, Whaddon Way, MK3 £1,900/mo 3 1.24 miles OpenRent

Average rent: £1,648/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.59%
Max investor price (0.8%) £206,000
Target investor price (1%) £164,800
Gross yield 7.1%
Cost-to-rent ratio 14.2×
Monthly cashflow £356/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).