# 3 bedroom semi-detached house for sale (MK3 5SS) ## Property Details | Key | Value | |-----|-------| | Address | 23 MELVILLE DRIVE, MILTON KEYNES, NEWTON LEYS, MILTON KEYNES MK3 5SS | | Price | £350,000 | | Bedrooms | 3 | | Bathrooms | 2 | | Council tax | TBC | | Floor area | 79 m² | | Last sold | £227,500 Jul 2025 | ## EPC Rating & Upgrade Cost - **Current rating:** B - **Potential rating:** A - **Current heating cost:** £206/year - **Est. upgrade cost to C:** £9,500 ### Recommendations - 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/2576-6061-3325-0312-8210) ## Description Situated in the highly sought after location of Newton Leys, this show home condition, beautifully presented 3 bedroom Semi Detached property boasts cloakroom, family bathroom and end suite to master bedroom. With parking for two cars, the property also offers a large rear garden. The accommodation in brief comprises; entrance hall, lounge, cloakroom, kitchen/diner, first floor landing, master bedroom with en suite, two further bedrooms, family bathroom, front and rear gardens. ## Property Photos - ![Picture No. 02](/listings/photos/148173968/271273) - Picture No. 02 - ![Picture No. 13](/listings/photos/148173968/271274) - Picture No. 13 - ![Picture No. 09](/listings/photos/148173968/271276) - Picture No. 09 - ![Picture No. 03](/listings/photos/148173968/271277) - Picture No. 03 - ![Picture No. 04](/listings/photos/148173968/271279) - Picture No. 04 - ![Picture No. 05](/listings/photos/148173968/271283) - Picture No. 05 - ![Picture No. 06](/listings/photos/148173968/271285) - Picture No. 06 - ![Picture No. 07](/listings/photos/148173968/271287) - Picture No. 07 - ![Picture No. 08](/listings/photos/148173968/271294) - Picture No. 08 - ![Picture No. 10](/listings/photos/148173968/271296) - Picture No. 10 - ![Picture No. 11](/listings/photos/148173968/271304) - Picture No. 11 - ![Picture No. 12](/listings/photos/148173968/271310) - Picture No. 12 ## Floorplans - ![Floorplan](/listings/photos/148173968/271316) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/148173968/271329) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 23 MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS | £227,500 | 23/07/2025 | 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 | |---------|-------|------|------| | 17 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL | £152,000 | 29/08/2025 | Semi-detached | | 1 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL | £365,000 | 17/11/2023 | Semi-detached | | 70 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £470,000 | 15/11/2023 | Semi-detached | | 14 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £303,000 | 25/10/2023 | Semi-detached | | [Same street] 3A MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS | £157,500 | 01/09/2023 | Semi-detached | | 40 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £300,000 | 14/04/2023 | Semi-detached | | 54 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £430,000 | 21/12/2022 | Semi-detached | | 48 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £435,000 | 21/12/2022 | Semi-detached | | 46 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £420,000 | 20/12/2022 | Semi-detached | | 52 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £435,000 | 19/12/2022 | Semi-detached | | 74 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £425,000 | 31/10/2022 | Semi-detached | | 6 LANGKAWI LANE, NEWTON LEYS, MILTON KEYNES, MK3 5PS | £360,000 | 05/08/2022 | Semi-detached | | 2 MONTSERRAT COURT, NEWTON LEYS, MILTON KEYNES, MK3 5PR | £350,000 | 27/05/2022 | Semi-detached | | 61 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5HE | £224,000 | 15/10/2021 | Semi-detached | | 5 ZANTE GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5SW | £227,700 | 29/09/2021 | Semi-detached | | 12 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £280,000 | 24/09/2021 | Semi-detached | | 8 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £301,250 | 04/06/2021 | Semi-detached | **Street average:** £157,500 (1 sale) **Area average:** £342,372 (16 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £303,429 (35 Semi-detached, MK3, 2024–2026) - **Deviation:** +15.3% ## 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 Semi-Detached House, Portsea Grove, MK3 | £1,650/mo | 3 | 0.32 miles | OpenRent | **Average rent: £1,650/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.47% (weak for cashflow) - **Max investor price (0.8%):** £206,250 - **Target investor price (1%):** £165,000 *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 £1,650/mo).* - **Gross yield:** 5.7% - **Cost-to-rent:** 17.7× - **Monthly cashflow:** £82/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1% *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:** £4,430/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 4.8% - **10y growth:** 20.2% ## House Price Index (HM Land Registry) *Official index for Milton Keynes; Semi-detached series; as of February 2026.* - **1y growth (index):** 0.5% - **5y growth (index):** 18.9% - **10y growth (index):** 34.8% ## 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)