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Hillesden Avenue, Elstow, Bedford, Bedfordshire, MK42 - Image 1
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Hillesden Avenue, Elstow, Bedford, Bedfordshire, MK42 - Image 3
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Hillesden Avenue, Elstow, Bedford, Bedfordshire, MK42 - Image 8
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Hillesden Avenue, Elstow, Bedford, Bedfordshire, MK42

South East

£400,000
Listed on 27/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
1334 sqft

Description

This four-bedroom detached house, situated in a quiet cul de sac on Hillesden Avenue in Elstow, Bedford, presents an outstanding opportunity for investors or homebuyers looking to undertake a significant renovation. The property is spacious and offers a south-facing rear garden, perfect for creating an outdoor oasis once modernised. Inside, the layout includes separate reception areas, a kitchen/breakfast room, and a convenient downstairs WC, along with an integrated garage that holds potential for conversion into additional living space, subject to planning permissions. The first floor comprises a master bedroom with its own ensuite bathroom, plus three additional bedrooms and a family bathroom. Externally, there is off-street parking for two vehicles and access to the private garden at the rear. Although the home requires complete refurbishment, it has gas central heating with a new boiler installed in 2025 and double-glazed windows already in place. With vacant possession available, this property is primed for immediate renovation efforts and long-term investment value.

Investment Analysis

(MK42 area)

Below Market Value

This property is priced -10.5% below area average per sq ft

-10.5%
Potential saving
This Property
£300/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£491,579
10% above area average per sq ft
Potential ROI
+0.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (MK42)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +1.2%
5 year growth: +22.4%
Investment Disclaimer: Analysis based on MK42 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

Hillesden Avenue, Elstow, Bedford, Bedfordshire, MK42
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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
£1,443
Based on a loan of £300,000 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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