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Lombardy Close, Bedford MK41

South East

£300,000
Listed on 02/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
714 sqft

Description

This two-bedroom semi-detached bungalow is situated in a quiet cul-de-sac, part of an intimate community of just eight similar homes in the desirable area of Putnoe. The property presents a canvas for renovation and is offered with no onward chain, making it an appealing option for those looking to invest or create a personalized living space. Upon entering, you will find an entrance hall that leads to two spacious double bedrooms, providing ample natural light and flexibility for various configurations. The lounge features a charming fireplace and opens through patio doors to a conservatory, which could serve as a lovely extension of the living area with some modernization. The fitted kitchen and shower room, along with a separate WC, highlight the existing layout while inviting updates that could enhance functionality and style. There is also driveway parking leading to a garage, providing valuable off-street parking options. The rear garden is south-facing, ensuring plenty of sunlight throughout the day while offering privacy—ideal for outdoor relaxation or potential landscaping projects. Putnoe boasts strong local amenities including shops, hairdressers, butchers, and opticians nearby. The property is conveniently located on a regular bus route to Bedford town center and the train station. Excellent schooling options contribute to the area's attractiveness, making it suitable for families and investors alike. Additionally, recreational opportunities abound with Mowsbury Wood and golf course just moments away. This bungalow not only offers immediate comfort but also significant potential for renovation or expansion (subject to planning), making it a smart investment opportunity in a sought-after location.

Investment Analysis

(MK41 area)

Above Market Value

This property is priced +22.1% above area average per sq ft

+22.1%
This Property
£420/sq ft
Area Average
£344/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£270,178
10% above area average per sq ft
Potential ROI
-18.1%
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
31%
Properties sold annually

Local Market Trend (MK41)

Area prices are rising by +4.2% over the last 12 months
3 year growth: 2.5%
5 year growth: 18.9%
Investment Disclaimer: Analysis based on MK41 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

Lombardy Close, Bedford MK41
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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
£1,099
Based on a loan of £225,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE