# 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
- **Expiry date:** 24/04/2032
- **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:** 25.1%
- **10y growth:** 24.7%

## 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)