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Bower Street, Bedford

South East

£425,000
Listed on 21/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
954 sqft

Description

This distinctive three-bedroom period home offers an exciting opportunity for renovation and investment, situated just steps away from Russell Park. The property features a traditional bay fronted layout that includes separate sitting and dining rooms, a kitchen, and a ground floor bathroom. The residence is equipped with gas radiator heating and modern uPVC double glazing throughout, ensuring comfort while allowing for customization. An intriguing aspect of this property is the first-floor studio, accessible via an external staircase. This space presents the chance to create a fourth bedroom or to serve as a private office or creative studio, enhancing the home's versatility. Additionally, the substantial detached outbuilding provides potential for various uses—whether as a workshop, additional storage, or even a home office. It is fitted with power, light, and a cloakroom, making it ready for a range of applications. The secure courtyard behind double gates offers off-road parking and direct access to the outbuilding. This feature adds convenience and privacy while enhancing the functionality of the property. Located in the desirable 'Castle Quarter,' residents can enjoy easy access to independent coffee shops, delis, and eateries within walking distance. The proximity to Russell Park and the scenic Embankment enhances the appeal for families and professionals alike. Having been well-maintained by its current owners over the years, this property now presents a unique opportunity for new owners to infuse their personal style and vision into its future. With no onward chain, it stands ready for those looking to invest in potential while enjoying all that this sought-after location has to offer.

Investment Analysis

(MK40 area)

Above Market Value

This property is priced +32.0% above area average per sq ft

+32.0%
This Property
£445/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£354,068
10% above area average per sq ft
Potential ROI
-21.3%
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

Bower Street, Bedford
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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
£1,557
Based on a loan of £318,750 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE