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Pembroke Street, Bedford, Bedfordshire

South East

£250,000
Listed on 14/08/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
915 sqft

Description

This freehold terraced house provides an excellent opportunity for renovation enthusiasts or investors looking to capitalize on a property with significant potential. Featuring three bedrooms and a private rear garden, the home is currently vacant and in need of complete refurbishment, allowing for personalization and updates that could enhance its market value. Located in a sought-after residential area near the centre of Bedford, the property benefits from proximity to various local amenities including shops, cafes, and scenic riverside pathways. The convenient access to Bedford railway station makes it ideal for commuters, with regular services to London St Pancras taking approximately forty minutes. Additionally, major roadways such as the A421, A6, and M1 are easily accessible, ensuring seamless connectivity for residents. The surrounding neighborhood is family-friendly and well-equipped with schools and other essential facilities. Given its advantageous location and the extensive work required, this property presents an appealing prospect for those looking to invest in a promising project that can yield substantial returns through thoughtful renovations. Investors or developers will find this project particularly interesting due to its untapped potential in a thriving market. Whether you are seeking a long-term investment strategy or a family home to restore to its former glory, this house offers a blank canvas in a desirable area of Bedford.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -17.8% below area average per sq ft

-17.8%
Potential saving
This Property
£273/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Est. Renovation Cost
£25,000 - £62,500
10-25% of property value
Target Value
£334,712
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
Monthly Sales
27
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (MK40)

Area prices are stable by +0.5% over the last 12 months
3 year growth: 19.6%
5 year growth: 21.4%
Investment Disclaimer: Analysis based on MK40 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

Pembroke Street, Bedford, Bedfordshire
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