# 3 bedroom semi-detached house for sale (MK15 9AF) ## Property Details | Key | Value | |-----|-------| | Address | 45 FAIRFORD CRESCENT, MILTON KEYNES, DOWNHEAD PARK, MILTON KEYNES MK15 9AF | | Price | £160,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Construction age | England and Wales: 1983-1990 | | Floor area | 64 m² | | Last sold | £160,000 Oct 2021 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 23/07/2029 ### Recommendations - W2 (6,000) - N (6,000) - U (5,500) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2448-9036-7243-3871-7984) ## Description This 50% shared ownership has been lovingly refurbished from top to bottom and benefits from only a £160 per month rent on the other share! Why buy this home? It's easy to see how much finding their perfect family home meant to the current owners. What's more obvious is the love and attention to detail they have put into the property since buying it five years ago. Unlike most three bedroom shared ownership houses that have premiums purely for the privilege of being able to buy one, this house has been refurbished from top to bottom. "It was a mess to be honest!" reminisce the owners. Job number one was to tackle the kitchen. "Anyone with young children knows the importance of having an organised kitchen! Having somewhere for the little ones to sit and eat meals was crucial". Next was a new combi-boiler in 2016 along with new double radiators. It turns out replacing the kitchen brought out their creative sides, as next came the removal of one wall and installation of another. "Originally the downstairs was completely open-plan, but we wanted a separate lounge for cosy winter evenings". So a wall with double doors was put up to create the two separate living spaces. The wall that was removed was the airing cupboard (which was no longer needed due to the new combi-boiler) on the landing to create a larger master bedroom, providing more space for those ever-important wardrobes. Next was for all the rooms to be decorated, but not before the walls were re-skimmed first. New flooring could then be laid without the threat of a rogue paint drip on the carpets! Lastly was their favourite addition; a glass-roofed conservatory. Whilst the extra space was extremely practical with a growing family, being able to open the doors on to the garden was their favourite feature. "The kids love it in there. It's their playroom and the glass roof is like a panoramic roof in a car - it keeps them entertained for hours counting clouds! For us it's great as it means the lounge is kept nice and tidy!" The south-west facing garden has been landscaped so that sunny days can be spent enjoying it, rather than maintaining it. A Summer House was also installed with light and power, ideal for those who work from home or simply as an area to sit in the shade and keep a watchful eye on the kids. There is also a storage area for your lawnmower and garden equipment. The fence to the driveway was also cleverly pushed back to create enough space for two cars to fit on the drive. "I genuinely believe we are in one of the best areas in Milton Keynes if you have kids. There aren't many places that are within a mile of Centre:MK, Willen Lake, Campbell Park, Gulliver’s Land and also have the Grand Union Canal running through it with stunning walks alongside. The 'Rhino Park' is great for toddlers too due to the multi-coloured rhino and of course the ever popular Jeep!" You must be pre-qualified prior to your viewing being confirmed. Milton Keynes Council's criteria to be eligible for a shared ownership property are as follows: 1. You must not own another property in the UK or must be able to prove you are in the process of selling your only property 2. Your combined household income must not exceed £80,000 More about the location... Situated to the north-east of Central Milton Keynes, Downhead Park is one of the smaller estates as it is dissected by the Grand Union Canal. This provides the picturesque Canal Broadwalk which offers stunning views and access to both Great Linford Park and Campbell Park. A short walk away is Willen Lake that has something for every member of the family. From Wakeboarding and Kneeboarding to the new inflatable Aqua Parc to the serene Peace Pagoda and The Tree Cathedral, you will be spoilt for choice and constantly going back for more. Primary schooling is provided by the nearby Downs Barn School and Brooksward School in Neath Hill, both of which has Good Ofsted ratings. Local shops are situated in Neath Hill and consist of a Co-op with ATM, Post Office, Pharmacy, Fish & Chip Shop amongst others. The nearest Public House is The Ship Ashore in Willen, 0.7 miles and a 13 minute walk away (according to Google Maps). ## Property Photos - ![Living Room](/listings/photos/108565874/1277617) - Living Room - ![Conservatory](/listings/photos/108565874/1277620) - Conservatory - ![Kitchen/Diner](/listings/photos/108565874/1277621) - Kitchen/Diner - ![Bathroom](/listings/photos/108565874/1277622) - Bathroom - ![Living Room](/listings/photos/108565874/1277623) - Living Room - ![Kitchen](/listings/photos/108565874/1277624) - Kitchen - ![Dining](/listings/photos/108565874/1277626) - Dining - ![Garden](/listings/photos/108565874/1277627) - Garden - ![Rear Aspect](/listings/photos/108565874/1277628) - Rear Aspect - ![Summer House](/listings/photos/108565874/1277630) - Summer House - ![Feature](/listings/photos/108565874/1277631) - Feature - ![Master Bedroom](/listings/photos/108565874/1277632) - Master Bedroom - ![Second Bedroom](/listings/photos/108565874/1277633) - Second Bedroom - ![Third Bedroom](/listings/photos/108565874/1277634) - Third Bedroom - ![Exterior](/listings/photos/108565874/1277636) - Exterior ## Floorplans - ![Floorplan](/listings/photos/108565874/1277637) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/108565874/1277638) - EPC Rating Graph ## FENSA Certificates This property has 1 FENSA certificate(s) on record. ### FENSA Certificate #15010538 - **Address:** 45 Fairford Crescent, Downhead Park, MK15 9AF - **Certificate Issued:** 30/01/2022 - **Work Completed:** 24/01/2022 - **Items:** 5 window(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 45 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £160,000 | 12/10/2021 | Semi-detached | | 45 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £95,000 | 08/12/2015 | 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 KEMBLE COURT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AX | £168,000 | 04/12/2023 | Semi-detached | | 47 SADDLERS PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RU | £375,000 | 14/08/2023 | Semi-detached | | 41 SADDLERS PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RU | £283,000 | 27/10/2022 | Semi-detached | | 38 CORNBURY CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AS | £120,000 | 30/09/2022 | Semi-detached | | 19 CORNBURY CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AR | £310,000 | 04/08/2022 | Semi-detached | | 7 SADDLERS PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RU | £265,000 | 08/07/2022 | Semi-detached | | [Same street] 35 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AF | £250,000 | 07/06/2022 | Terraced | | 35 KIRTLINGTON, DOWNHEAD PARK, MILTON KEYNES, MK15 9AZ | £305,000 | 25/04/2022 | Semi-detached | | 40 TADMARTON, DOWNHEAD PARK, MILTON KEYNES, MK15 9BD | £289,995 | 31/03/2022 | Semi-detached | | 30 CORNBURY CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AS | £95,000 | 18/03/2022 | Semi-detached | | 47 KEMBLE COURT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AX | £277,500 | 07/01/2022 | Semi-detached | | 2 CORNBURY CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AS | £82,500 | 26/11/2021 | Semi-detached | | 48 KEMBLE COURT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AX | £235,000 | 31/08/2021 | Semi-detached | | 39 SADDLERS PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RU | £255,000 | 12/08/2021 | Semi-detached | | 22 FAIRFORD CRESCENT, DOWNHEAD PARK, MILTON KEYNES, MK15 9AQ | £270,000 | 02/08/2021 | Semi-detached | **Street average:** £250,000 (1 sale) **Area average:** £237,928 (14 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £327,000 (5 Semi-detached, MK15, 2024–2026) - **Deviation:** -51.1% ## Rental Range *ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,202/mo - **Realistic:** £1,336/mo - **Optimistic:** £1,470/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, Enterprise Lane, MK9 | £2,000/mo | 3 | 0.85 miles | OpenRent | **Average rent: £2,000/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.25% (strong) - **Max investor price (0.8%):** £250,000 - **Target investor price (1%):** £200,000 *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 £2,000/mo).* - **Gross yield:** 15% - **Cost-to-rent:** 6.7× - **Monthly cashflow:** £1,145/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 29.6% *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:** £2,500/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 7.2% - **10y growth:** 10.8% ## House Price Index (HM Land Registry) *Official index for Milton Keynes; Semi-detached series; as of April 2026.* - **1y growth (index):** -1.8% - **5y growth (index):** 17.8% - **10y growth (index):** 30.5% ## 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)