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Merton Road, Bedford

South East

£475,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
2042 sqft

Description

This notable four-bedroom Victorian home presents a spacious layout across approximately 1,400 sq ft and is spread over two levels, making it an appealing option for those looking to invest in a character property with significant potential. The entry features a hallway that leads to three versatile reception rooms alongside an inviting open-plan kitchen/diner at the back, which flows seamlessly into a private garden area through double doors. The first floor offers four generously-sized double bedrooms, complemented by a separate family bathroom equipped with four fixtures. The large master bedroom enjoys built-in storage and its own en-suite shower room, providing added convenience. Externally, the front boasts a quaint walled garden leading to the entrance. At the rear, you'll find a predominantly lawned garden enhanced with flower borders and shrubbery, along with a patio space suitable for outdoor dining and relaxation. The garden also features several espalier apple and pear trees plus fruit bushes, along with a hardstanding area that includes a timber shed. Retaining numerous original period details, this residence is offered without any onward chain and is perfect for families or buyers keen on breathing new life into an established home. Notably, structural works have been identified as necessary, presenting an exciting opportunity for developers or cash purchasers eager for an extensive project with considerable future value. It’s located within easy walking distance of essential amenities and recreational areas next to the scenic Embankment, while also being well-connected by rail to London’s St Pancras.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -31.1% below area average per sq ft

-31.1%
Potential saving
This Property
£233/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£757,868
10% above area average per sq ft
Potential ROI
+27.4%
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

Merton Road, 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
£1,740
Based on a loan of £356,250 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