11 ARROW PLACE
MILTON KEYNES, BLETCHLEY, MILTON KEYNES MK2 3PE
£200,000
Property details
Tenure
FREEHOLD
Floor area
67 m²
Council tax band
TBC
EPC rating
D
Year built
England and Wales: 1967-1975
Last sold
£191,000 May 2023
Price per m²
£2,985/m²
Local average
£336,125 (-40.5%)
Deprivation
Decile 1 (3,295 of 33,755)
Street crime
91 incidents within 1 mile (Apr 2026)
Additional details
- Garden
- Yes
Description
What would be a top investment and a great residential buy, this property is located in the ever so popular Lakes Estate in Bletchley.
This two-bedroom mid-terrace bungalow benefits from a gas to radiator central heating and double glazed windows throughout. The accommodation briefly comprises: entrance hall, lounge, kitchen/diner, two double bedrooms, re-fitted bathroom and front and rear gardens.
Listed by
Bletchley
Countrywide UK Sales - Connells
Reference: 132506117
EPC Rating & Upgrade Cost
Current rating: D
Potential rating: B
Inspection date: 20/06/2022
Current heating cost: £590/year
Potential heating cost: £385/year
Est. upgrade cost to C: £15,675
Recommendations
- Flat roof or sloping ceiling insulation (£850 - £1,500)
- Floor insulation (solid floor) (£4,000 - £6,000)
- Solar water heating (£4,000 - £6,000)
- Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)
Flood risk
Zone: 1
Risk: Low
Job (default Low)
FENSA Certificates
This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.
FENSA Certificate #1888556
Property Details
Street: 11 Arrow Place
Town: Bletchley
Postcode: MK2 3PE
Installation Details
Items: 1 door
Certificate Issued: 20/07/2004
Work Completed: 15/06/2004
This certificate data was retrieved from FENSA's database
FENSA Certificate #4486331
Property Details
Street: 11 Arrow Place
Town: Bletchley
Postcode: MK2 3PE
Installation Details
Items: 6 windows and 2 doors
Certificate Issued: 20/02/2007
Work Completed: 31/01/2007
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
405% since 2003
| Event | Date | Price | % change |
|---|---|---|---|
| Sold | 30/05/2023 (3 years ago) | £191,000 | +95.9% |
| Sold | 14/11/2006 (19 years ago) | £97,500 | +157.9% |
| Sold | 12/05/2003 (23 years ago) | £37,800 | — |
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 |
|---|---|---|---|
| 41 LANGDALE CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3QA | £185,000 | 18/08/2023 | Detached |
| Same street 32 ARROW PLACE, BLETCHLEY, MILTON KEYNES, MK2 3PE | £187,000 | 16/03/2023 | Terraced |
| Same street 30 ARROW PLACE, BLETCHLEY, MILTON KEYNES, MK2 3PE | £195,000 | 22/10/2021 | Terraced |
Street average: £191,000 (2 sales)
Area average: £185,000 (1 sale)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Detached. As of March 2026.
Rental Range
Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Milton Keynes.
LHA (30th percentile) floor for Milton Keynes: £922/mo (Apr 2025 – Mar 2026)
Location
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Arrow Place | 0.1 miles |
| Bus stop | Santen Grove | 0.2 miles |
| Shop | Asda | 0.5 miles |
| Shop | Co-op Food | 0.8 miles |
| Train station | Bletchley | 1.4 miles |
| Train station | Fenny Stratford | 1.6 miles |
| Hospital | Unknown | 1.8 miles |
| Hospital | Parkside Medical Centre | 1.8 miles |
| University | The Open University | 3.3 miles |
Street-level crime
| Category | Count |
|---|---|
| Violence and sexual offences | 46 |
| Criminal damage and arson | 12 |
| Other theft | 9 |
| Anti-social behaviour | 7 |
| Drugs | 5 |
| Public order | 5 |
| Other crime | 3 |
| Burglary | 1 |
| Possession of weapons | 1 |
| Shoplifting | 1 |
| Vehicle crime | 1 |
| Total incidents | 91 |
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 |
|---|---|---|---|
| Sir Herbert Leon Academy | Secondary | 0.3 miles | — (Inspected (no overall grade)) |
| Water Hall Primary School | Primary | 0.3 miles | Requires improvement — 26 Jun 2023 |
| Drayton Park School | Primary | 0.4 miles | Outstanding — 6 Sep 2017 |
| Newton Leys Primary School | Primary | 0.6 miles | Good — 11 Jul 2019 |
| KWS Milton Keynes | Other | 0.7 miles | Good — 21 Sep 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 |
|---|---|---|---|---|
| 2 Bed Terraced House, Windermere Drive, MK2 | £1,090/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Terraced House, Windermere Drive, MK2 | £1,090/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Terraced House, Diddington Close, MK2 | £1,250/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Newton Leys, MK3 | £1,200/mo | 2 | 0.63 miles | OpenRent |
| 2 Bed Semi-Detached House, Osborne St, MK2 | £1,350/mo | 2 | 1.14 miles | OpenRent |
Average rent: £1,196/mo (5 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).