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Simdims, Cranfield

South East

£375,000
Listed on 27/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1066 sqft

Description

This two-bedroom bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential, nestled in a peaceful cul-de-sac in Cranfield. Ideal for buyers ready to personalize their living space, the home requires modern updates throughout. Upon entry, the hallway leads to a contemporary wet room, setting the tone for what could be transformed into a stylish and inviting home. The dining area is generously lit and opens directly onto the garden, offering an ideal layout for entertaining or casual family meals. The kitchen is equipped with integrated appliances and offers plenty of storage space, but could benefit from modernization to enhance functionality. The living area provides a cozy environment for relaxation, while both double bedrooms are well-sized and include built-in wardrobes, though they could use fresh decor to elevate their appeal. A second bathroom adds convenience but also has room for enhancement. Outside, there is a garage with driveway parking and easy side access leading to a manageable rear garden. This property’s location and layout present substantial investment possibilities for those willing to undertake some refurbishment work. Early viewings are encouraged to fully grasp the value this bungalow holds in terms of customization and potential growth in equity.

Investment Analysis

(MK43 area)

Below Market Value

This property is priced -3.8% below area average per sq ft

-3.8%
Potential saving
This Property
£352/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£311
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£428,820
10% above area average per sq ft
Potential ROI
+3.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
94%
Properties sold annually

Local Market Trend (MK43)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -2.8%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on MK43 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

Simdims, Cranfield
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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