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London Road, Bedford, Bedfordshire - Image 1
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London Road, Bedford, Bedfordshire

South East

£160,000
Listed on 14/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
645 sqft

Description

This semi-detached bungalow presents a promising opportunity for renovation and investment, featuring two bedrooms and access to communal gardens. With its vacant status, the property is primed for a complete refurbishment, allowing future owners to tailor it to their specific requirements and aesthetic preferences. Situated in the MK42 area of Bedford, this bungalow enjoys proximity to the town center, where residents can access a variety of local shops and amenities. The scenic riverside walks nearby provide an appealing outdoor space for leisure activities. Commuters will benefit from Bedford railway station's efficient service to London St Pancras, with journey times of approximately forty minutes. Additionally, major roadways including the A421, A6, and M1 enhance connectivity for those traveling by car. This property offers significant investment potential in a well-connected neighborhood. With proper updates and improvements, it could attract rentals estimated between £1,000 - £1,100 PCM based on current market conditions. The surrounding area also boasts a range of schools and convenient bus services, further enhancing its appeal to potential tenants or future buyers looking for a project with upside potential.

Investment Analysis

(MK42 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£248/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£312
Avg Yield
5.0%

Renovation Potential

Est. Renovation Cost
£16,000 - £40,000
10-25% of property value
Target Value
£235,483
10% above area average per sq ft
Potential ROI
+17.7%
After renovation
Monthly Sales
33
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (MK42)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 4.0%
5 year growth: 20.8%
Investment Disclaimer: Analysis based on MK42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

London Road, Bedford, Bedfordshire
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