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Midland Road, Bedford, Bedfordshire, MK40

South East

£500,000
Listed on 17/02/2026

Property Details

Bedrooms
5
Type
End Of Terrace
Area
2892 sqft

Description

This mixed-use freehold property, located prominently at a corner near Bedford town centre, presents an exciting investment opportunity with significant development potential (subject to planning permission). The building features a ground-floor commercial unit currently designated as Use Class E(a), providing a strong presence along Midland Road. Above, you'll find a spacious four-bedroom flat under Use Class C3, which has the potential for reconfiguration based on recent positive discussions regarding planning. The integral garage and gated rear access add convenience, while off-street parking for two vehicles is a bonus. Although some upgrading is necessary, this property boasts vacant possession and is ideally suited for investors or owner-occupiers looking to enhance value. Its proximity to Bedford Railway Station ensures good transport links, making it an appealing location for tenants or businesses alike.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -49.0% below area average per sq ft

-49.0%
Potential saving
This Property
£173/sq ft
Area Average
£339/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,078,109
10% above area average per sq ft
Potential ROI
+82.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (MK40)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +12.2%
5 year growth: +17.4%
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

Midland Road, Bedford, Bedfordshire, MK40
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,771
Based on a loan of £375,000 over 30 years at 3.91% 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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