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Bower Street, Bedford

South East

£425,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
954 sqft

Description

This distinctive three-bedroom period home, situated just a stone's throw from Russell Park, presents an enticing investment opportunity with considerable renovation potential. The property features a separate office/studio on the first floor, accessible via an external staircase, which could be seamlessly integrated into the existing layout to create additional living space or a fourth bedroom. A large, single-storey detached outbuilding, equipped with power and lighting along with a cloakroom, offers versatile options for conversion or use as a workspace, subject to necessary approvals. The secure courtyard behind double gates allows for off-road parking and easy access to the outbuilding. The main residence includes separate sitting and dining areas alongside a functional kitchen and ground-floor bathroom. Although well-maintained by the current owners over the years, there is ample scope for modernization or reconfiguration to enhance its appeal. Located in the desirable 'Castle Quarter,' renowned for its independent cafés and proximity to beautiful outdoor spaces like Russell Park and the Embankment, this property provides an exceptional canvas for personalization while being offered chain-free.

Investment Analysis

(MK40 area)

Above Market Value

This property is priced +32.4% above area average per sq ft

+32.4%
This Property
£445/sq ft
Area Average
£336/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£353,018
10% above area average per sq ft
Potential ROI
-24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (MK40)

Area prices are stable by +1.3% over the last 12 months
3 year growth: +18.1%
5 year growth: +23.8%
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

Bower Street, Bedford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 over 30 years at 4.06% 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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