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Ormesby Way, Bedford

South East

£250,000
Listed on 13/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1044 sqft

Description

This three-bedroom semi-detached home presents a significant opportunity for those looking to invest in a property with substantial renovation potential. Set on a residential street near the tranquil River Great Ouse, this family residence features a front and side driveway, alongside a single garage and a private rear garden. Spanning approximately 1000 sq ft over two levels, the ground floor includes an entrance hall leading to two separate reception areas, offering flexibility for modern living. The kitchen, equipped with ample storage options and space for household appliances, provides access to the side driveway. Upstairs, you will find three bedrooms along with a bathroom and separate WC. The loft is accessible from the landing, which could potentially be converted to enhance living space. Externally, the property boasts a lawned front garden suitable for off-road parking for multiple vehicles. With its current condition requiring updating and modernisation throughout, this home is ideal for buyers seeking to add value through refurbishment.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -29.0% below area average per sq ft

-29.0%
Potential saving
This Property
£239/sq ft
Area Average
£338/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£387,585
10% above area average per sq ft
Potential ROI
+33.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (MK40)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +17.1%
5 year growth: +23.1%
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

Ormesby Way, Bedford
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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
£902
Based on a loan of £187,500 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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