Sold STC Semi-detached

12 GOLSPIE CROFT

MILTON KEYNES, HODGE LEA, MILTON KEYNES MK12 6JU

3 beds 1 baths 797 sq ft Listed 17 Feb 2023 (-1205d)

£90,000

Shared ownership

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# 3 bedroom semi-detached house for sale (MK12 6JU)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 GOLSPIE CROFT, MILTON KEYNES, HODGE LEA, MILTON KEYNES MK12 6JU |
| Price | £90,000 |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 74 m² |
| Last sold | £90,000 Sep 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £544/year
- **Est. upgrade cost to C:** £19,410

### Recommendations
- W2 (£4,000 - £6,000)
- E (£10)
- N (£4,000 - £6,000)
- O (£3,300 - £6,500)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2632-9724-0100-0105-5222)

## Description

**30% SHARED OWNERSHIP** Tucked away down a quiet cul-de-sac in Hodge Lea, is this three bedroom semi-detached family home which is offered to the market with accommodation comprising of a kitchen, lounge/diner, family bathroom, three bedrooms, driveway parking, a generous size rear garden and front garden.

Hodge Lea is located in the north west of Milton Keynes. The property is close to multiple schools, local shops and good bus routes. It is also within close proximity to Wolverton train station and a short drive to Milton Keynes Central and Milton Keynes Shopping Centre.

## Property Photos

- ![Front Aspect](/listings/photos/131784818/228658) - Front Aspect
- ![Lounge/Diner](/listings/photos/131784818/228659) - Lounge/Diner
- ![Kitchen](/listings/photos/131784818/228660) - Kitchen
- ![Rear Garden](/listings/photos/131784818/228661) - Rear Garden
- ![Bathroom](/listings/photos/131784818/228662) - Bathroom
- ![Main Bedroom](/listings/photos/131784818/228663) - Main Bedroom
- ![Bedroom](/listings/photos/131784818/228664) - Bedroom
- ![Rear Aspect](/listings/photos/131784818/228665) - Rear Aspect

## Floorplans

- ![Floorplan 1](/listings/photos/131784818/228666) - Floorplan 1

## EPC Graphs

- ![Energy Performance Certificate](/listings/photos/131784818/228667) - Energy Performance Certificate

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #16717716
- **Address:** 12 Golspie Croft, Hodge Lea, MK12 6JU
- **Certificate Issued:** 16/03/2025
- **Work Completed:** 05/03/2025
- **Items:** 7 window(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 GOLSPIE CROFT, HODGE LEA, MILTON KEYNES, MK12 6JU | £90,000 | 22/09/2023 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 RAVIGILL PLACE, HODGE LEA, MILTON KEYNES, MK12 6JL | £328,000 | 06/04/2023 | Semi-detached |
| 7 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD | £375,000 | 30/11/2022 | Semi-detached |
| 20 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD | £290,000 | 29/07/2022 | Semi-detached |
| 18 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD | £327,000 | 20/07/2022 | Semi-detached |
| 27 DUNVEDIN PLACE, HODGE LEA, MILTON KEYNES, MK12 6JJ | £355,000 | 08/07/2022 | Semi-detached |
| 42 REEVES CROFT, HODGE LEA, MILTON KEYNES, MK12 6DB | £255,000 | 09/02/2022 | Semi-detached |
| 41 BARKERS CROFT, GREENLEYS, MILTON KEYNES, MK12 6AR | £232,000 | 28/01/2022 | Semi-detached |
| 4 DUNVEDIN PLACE, HODGE LEA, MILTON KEYNES, MK12 6JJ | £318,000 | 13/01/2022 | Semi-detached |

**Area average:** £310,000 (8 sales)

## Price vs local average

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

- **Local average:** £323,250 (8 Semi-detached, MK12, 2024–2026)
- **Deviation:** -72.2%

## 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):** £1,192/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Alladale Place, MK12 | £1,530/mo | 3 | 0.24 miles | OpenRent |

**Average rent: £1,530/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.7% (strong)
- **Max investor price (0.8%):** £191,250
- **Target investor price (1%):** £153,000

*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 £1,530/mo).*

- **Gross yield:** 20.4%
- **Cost-to-rent:** 4.9×
- **Monthly cashflow:** £998/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 45.9%

*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:** £1,216/m²

## Capital growth trend

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

- **5y growth:** 28.2%
- **10y growth:** 25.8%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; Semi-detached series; as of March 2026.*

- **1y growth (index):** 0.2%
- **5y growth (index):** 19.1%
- **10y growth (index):** 33.5%

## 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)

Front Aspect Lounge/Diner Kitchen Rear Garden Bathroom Main Bedroom Bedroom Rear Aspect

/ 8

Property details

Tenure

LEASEHOLD

Floor area

74 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£90,000 Sep 2023

Price per m²

£1,216/m²

Local average

£323,250 (-72.2%)

Deprivation

Decile 2 (4,898 of 33,755)

Street crime

209 incidents within 1 mile (Mar 2026)

Key features

30% SHARED OWNERSHIP **£5,000 PREMIUM**
THREE BEDROOMS
LOUNGE/DINER
FAMILY BATHROOM
GENEROUS SIZE REAR GARDEN
DRIVEWAY PARKING
QUIET CUL-DE-SAC LOCATION
RENT - APPROX. £168pcm. LEASE REMAINING - APPROX. 88 yrs.

Additional details

Parking: Yes
Garden: Yes

Description

30% SHARED OWNERSHIP Tucked away down a quiet cul-de-sac in Hodge Lea, is this three bedroom semi-detached family home which is offered to the market with accommodation comprising of a kitchen, lounge/diner, family bathroom, three bedrooms, driveway parking, a generous size rear garden and front garden.

Hodge Lea is located in the north west of Milton Keynes. The property is close to multiple schools, local shops and good bus routes. It is also within close proximity to Wolverton train station and a short drive to Milton Keynes Central and Milton Keynes Shopping Centre.

Listed by

Milton Keynes

Michael Anthony

Reference: 131784818

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 25/04/2022

Current heating cost: £544/year

Potential heating cost: £468/year

Est. upgrade cost to C: £19,410

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Floor insulation (solid floor) (£4,000 - £6,000)
Low energy lighting for all fixed outlets (£10)
Solar water heating (£4,000 - £6,000)
Replace single glazed windows with low-E double glazing (£3,300 - £6,500)
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

EPC Graphs

Energy Performance Certificate

FENSA Certificates

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

FENSA Certificate #16717716 Recent

Property Details

Street: 12 Golspie Croft

Town: Hodge Lea

Postcode: MK12 6JU

Installation Details

Items: 7 windows

Certificate Issued: 16/03/2025

Work Completed: 05/03/2025

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	22/09/2023 (2 years ago)	£90,000	—

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
24 RAVIGILL PLACE, HODGE LEA, MILTON KEYNES, MK12 6JL	£328,000	06/04/2023	Semi-detached
7 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD	£375,000	30/11/2022	Semi-detached
20 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD	£290,000	29/07/2022	Semi-detached
18 STRATHNAVER PLACE, HODGE LEA, MILTON KEYNES, MK12 6JD	£327,000	20/07/2022	Semi-detached
27 DUNVEDIN PLACE, HODGE LEA, MILTON KEYNES, MK12 6JJ	£355,000	08/07/2022	Semi-detached
42 REEVES CROFT, HODGE LEA, MILTON KEYNES, MK12 6DB	£255,000	09/02/2022	Semi-detached
41 BARKERS CROFT, GREENLEYS, MILTON KEYNES, MK12 6AR	£232,000	28/01/2022	Semi-detached
4 DUNVEDIN PLACE, HODGE LEA, MILTON KEYNES, MK12 6JJ	£318,000	13/01/2022	Semi-detached

Area average: £310,000 (8 sales)

Capital growth trend

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

5y growth 28.2%

10y growth 25.8%

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

1y (index) 0.2%

5y (index) 19.1%

10y (index) 33.5%

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

Map view View on Google Maps View on OpenStreetMap Street View MK12 6JU

Nearby

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

Type	Name	Distance
Bus stop	Hodge Lea Lane	0.2 miles
Shop	Hodge Lea Food & Wine	0.2 miles
Shop	Tesco Express	0.3 miles
Train station	Wolverton	1.2 miles
Hospital	PJ Care Mallard House Neurological Care Centre	1.8 miles
Train station	Milton Keynes Central	2.0 miles
University	MK:U	2.1 miles
University	University of Bedfordshire Milton Keynes Campus	2.4 miles
Hospital	Chadwick Lodge	3.5 miles

Street-level crime

Category	Count
Violence and sexual offences	81
Anti-social behaviour	47
Criminal damage and arson	19
Other theft	15
Vehicle crime	15
Shoplifting	11
Burglary	7
Public order	7
Drugs	4
Other crime	2
Robbery	1
Total incidents	209

Within 1 mile during Mar 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
Greenleys First School	Primary	0.4 miles	Good — 19 Oct 2023
Greenleys Junior School	Primary	0.4 miles	Good — 24 Sep 2023
St Mary Magdalene Catholic Primary School	Primary	0.7 miles	Outstanding — 11 Nov 2013
Wyvern School	Primary	0.8 miles	Good — 5 Jun 2019
Bushfield School	Primary	0.8 miles	Good — 5 May 2022

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 Terraced House, Alladale Place, MK12	£1,530/mo	3	0.24 miles	OpenRent

Average rent: £1,530/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.7%

Max investor price (0.8%) £191,250

Target investor price (1%) £153,000

Gross yield 20.4%

Cost-to-rent ratio 4.9×

Monthly cashflow £998/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 45.9%

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).