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Cricket Lane, Bedford, MK41

South East

£495,000
Listed on 22/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a significant opportunity for renovation in the desirable area of Bedford. While the property is currently in need of modernisation, it has been well-maintained over the years and features spacious accommodations that can easily be tailored to your personal taste. The entrance porch leads into a wide central hallway, which creates an inviting transition into the heart of the home. The generous open-plan L-shaped lounge and dining area is filled with natural light from floor-to-ceiling windows and sliding doors that open onto the garden, enhancing both living and entertainment possibilities. The kitchen, though functional, could benefit from contemporary updates, complemented by a utility room providing further convenience with garden access. All three double bedrooms offer ample space and flexibility for various uses, alongside a bathroom and separate W/C that may warrant refurbishment. Set on a sizable plot with a mature wraparound garden - perfect for those looking to create their dream outdoor space - this property also includes a single garage and driveway parking. Given its location in a tranquil setting close to essential amenities and transport links, this bungalow offers an exciting renovation prospect for buyers eager to enhance their investment potential while building their ideal home.

Investment Analysis

(MK41 area)
Area Average
£344/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Cricket Lane, 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
£1,813
Based on a loan of £371,250 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