# 2 bedroom cottage for sale (MK46 5HH)

## Property Details

| Key | Value |
|-----|-------|
| Address | 45 WEST STREET, OLNEY, MILTON KEYNES MK46 5HH |
| Price | £250,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: before 1900 |
| Floor area | 53 m² |
| Last sold | £235,000 Jan 2026 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 12/06/2029
- **Current heating cost:** £614/year
- **Est. upgrade cost to C:** £26,648

### Recommendations
- A (£100 - £350)
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- C (£15 - £30)
- F (£200 - £400)
- I (£2,200 - £3,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8681-6126-5480-5227-4992)

## Description

A CHARMING TWO BEDROOM STONE COTTAGE, CONVENIENTLY LOCATED CLOSE TO ALL LOCAL AMENITIES IN A SOUGHT-AFTER LOCATION. THE PROPERTY IS OFFERED WITH NO ONWARD CHAIN AND BENEFITS FROM GAS RADIATOR CENTRAL HEATING, REPLACEMENT DOUBLE GLAZING, A FULLY ENCLOSED SOUTH FACING GARDEN, AND A BRICK-BUILT OUTBUILDING. UNRESTRICTED PARKING IS LOCATED NEARBY.

Council Tax Band: C

Tenure: Freehold

## Property Photos

- ![Photo](/listings/photos/160447832/722432)
- ![Photo](/listings/photos/160447832/722433)
- ![Photo](/listings/photos/160447832/722434)
- ![Photo](/listings/photos/160447832/722435)
- ![Photo](/listings/photos/160447832/722436)
- ![Photo](/listings/photos/160447832/722437)
- ![Photo](/listings/photos/160447832/722438)
- ![Photo](/listings/photos/160447832/722439)
- ![Photo](/listings/photos/160447832/722440)

## Floorplans

- ![Floorplan 1](/listings/photos/160447832/722441) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/160447832/722442) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 45 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HH | £235,000 | 29/01/2026 | Terraced |
| 45 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HH | £140,000 | 16/11/2009 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP | £413,000 | 13/11/2024 | Detached |
| 16 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ES | £365,000 | 25/10/2023 | Detached |
| 4 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HR | £480,000 | 01/06/2023 | Detached |
| 37 MIDLAND ROAD, OLNEY, MILTON KEYNES, MK46 4BL | £775,000 | 01/03/2023 | Detached |
| 5 ORCHARD RISE, OLNEY, MILTON KEYNES, MK46 5HB | £975,000 | 05/10/2022 | Detached |
| 77 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET | £450,000 | 26/09/2022 | Detached |
| 62 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET | £368,500 | 25/07/2022 | Detached |
| 106 EAST STREET, OLNEY, MILTON KEYNES, MK46 4DJ | £575,000 | 17/06/2022 | Detached |
| 8 ORCHARD RISE, OLNEY, MILTON KEYNES, MK46 5HB | £890,000 | 07/04/2022 | Detached |
| THE OLD FIRE STATION EAST STREET, OLNEY, MILTON KEYNES, MK46 4DH | £895,000 | 14/03/2022 | Detached |
| 1 LACE MEWS, OLNEY, MILTON KEYNES, MK46 4JS | £345,000 | 17/02/2022 | Detached |
| 2 YARDLEY ROAD, OLNEY, MILTON KEYNES, MK46 5DX | £310,000 | 31/01/2022 | Detached |
| 2 BADGERS CLOSE, OLNEY, MILTON KEYNES, MK46 4FG | £860,000 | 14/01/2022 | Detached |
| 63 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP | £397,000 | 30/09/2021 | Detached |
| 36 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ES | £385,000 | 31/08/2021 | Detached |
| 67 WEST SIDE RISE, OLNEY, MILTON KEYNES, MK46 5HP | £453,150 | 27/08/2021 | Detached |
| 86 DINGLEDERRY, OLNEY, MILTON KEYNES, MK46 5ET | £380,000 | 27/08/2021 | Detached |
| 106 HIGH STREET, OLNEY, MILTON KEYNES, MK46 4BE | £699,995 | 30/06/2021 | Detached |
| 8 MOBBS CLOSE, OLNEY, MILTON KEYNES, MK46 4DZ | £485,000 | 29/06/2021 | Detached |
| [Same street] 43 WEST STREET, OLNEY, MILTON KEYNES, MK46 5HH | £235,000 | 25/06/2021 | Terraced |
| CLICKERS YARD COURT 2 YARDLEY ROAD, OLNEY, MILTON KEYNES, MK46 5FS | £515,000 | 25/06/2021 | Detached |

**Street average:** £235,000 (1 sale)
**Area average:** £550,832 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £664,075 (10 Detached, MK46, 2024–2026)
- **Deviation:** -62.4%

## Rental Range

*ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,199/mo
- **Realistic:** £1,332/mo
- **Optimistic:** £1,465/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Milton Keynes (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £922/mo

## 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 |
|------|------|------|------|------|
| 2 Bed Semi-Detached House, West Street, MK46 | £1,450/mo | 2 | 0.03 miles | OpenRent |
| 2 Bed Semi-Detached House, Weston Road, MK46 | £1,150/mo | 2 | 0.37 miles | OpenRent |

**Average rent: £1,300/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.52% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 6.2%
- **Cost-to-rent:** 16×
- **Monthly cashflow:** £160/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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).*

## Price per Square Metre

- **£/m²:** £4,717/m²

## Capital growth trend

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

- **5y growth:** 59.8%
- **10y growth:** 39.9%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; Detached series; as of March 2026.*

- **1y growth (index):** -0.6%
- **5y growth (index):** 17.6%
- **10y growth (index):** 30.4%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)