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Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 1
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 2
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 3
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 4
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 5
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 6
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 7
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 8
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 9
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 10
Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5 - Image 11

Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5

East of England

£895,000
Listed on 15/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
3692 sqft

Description

This substantial detached commercial building presents a significant redevelopment opportunity in the heart of Houghton Regis. Currently configured as office space, the property spans approximately 3,699 sq. ft across two floors, featuring six spacious office rooms, a kitchen/staff area, and ample storage. Additional facilities include multiple bathrooms and showers, offering versatility for various commercial or alternative uses that could be explored with the appropriate planning permissions. Occupying a generous site of around 0.333 acres (approximately 14,520 sq. ft), Park House not only provides valuable external space and parking but also holds considerable potential for future development. Its prime location affords easy access to major transport links including Junction 11a of the M1 and London Luton Airport, making it suitable for diverse applications such as continued office use, healthcare facilities, or community services. This property is best viewed by appointment only.

Investment Analysis

(LU5 area)

Below Market Value

This property is priced -33.4% below area average per sq ft

-33.4%
Potential saving
This Property
£242/sq ft
Area Average
£364/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,479,089
10% above area average per sq ft
Potential ROI
+45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (LU5)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -0.9%
5 year growth: 21.7%
Investment Disclaimer: Analysis based on LU5 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

Parkside Drive, Houghton Regis, Dunstable, Bedfordshire, LU5
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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
£3,279
Based on a loan of £671,250 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