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Adelaide Square | Bedford | MK40 | large with a cellar - Image 1
Adelaide Square | Bedford | MK40 | large with a cellar - Image 2
Adelaide Square | Bedford | MK40 | large with a cellar - Image 3
Adelaide Square | Bedford | MK40 | large with a cellar - Image 4
Adelaide Square | Bedford | MK40 | large with a cellar - Image 5
Adelaide Square | Bedford | MK40 | large with a cellar - Image 6
Adelaide Square | Bedford | MK40 | large with a cellar - Image 7
Adelaide Square | Bedford | MK40 | large with a cellar - Image 8
Adelaide Square | Bedford | MK40 | large with a cellar - Image 9
Adelaide Square | Bedford | MK40 | large with a cellar - Image 10
Adelaide Square | Bedford | MK40 | large with a cellar - Image 11

Adelaide Square | Bedford | MK40 | large with a cellar

South East

£180,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
1186 sqft

Description

This Victorian property, centrally located and converted into three flats, presents a compelling investment opportunity. As the largest unit, it features its own private entrance, two spacious double bedrooms—one equipped with built-in wardrobes, the other boasting a charming bay window and a fireplace. The generous living room also benefits from a bay window and fireplace, enhancing its appeal. The kitchen is functional with wood-fronted units, an integrated oven and hob, along with a breakfast bar for casual dining. Recent updates include a new boiler. The bathroom is fitted with a shower and includes modern tiled flooring alongside a classic white suite. Additional storage can be found in the hallway cupboard that includes a radiator for convenience. A notable feature is the sizable cellar beneath the living room; while it has lower ceiling heights at 5'7”, it remains in great condition with minimal signs of dampness. Outside, there is allocated parking for one vehicle in this quiet Central location, close to both the train station (approximately half a mile away) and town amenities. The property benefits from gas fired radiator heating and double glazing throughout. With £50 per month service charge and no ground rent, plus an extensive lease term of 999 years from 1983, this flat holds great potential for renovation that could significantly enhance its value.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -55.0% below area average per sq ft

-55.0%
Potential saving
This Property
£152/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£440,172
10% above area average per sq ft
Potential ROI
+100.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (MK40)

Area prices are rising by +2.1% over the last 12 months
3 year growth: 17.2%
5 year growth: 22.5%
Investment Disclaimer: Analysis based on MK40 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Adelaide Square | Bedford | MK40 | large with a cellar
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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