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Rectory Lane, Houghton Conquest, Bedfordshire, MK45

South East

£500,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1206 sqft

Description

Set on a generous 0.38-acre plot in the desirable location of Rectory Lane, Houghton Conquest, this detached bungalow presents an exceptional opportunity for investment and renovation. While the property currently requires comprehensive modernization, it holds substantial potential for expansion or complete redevelopment (subject to planning permission). The accommodation includes a spacious entrance hall with multiple storage options, a lounge/diner leading to a conservatory, and three versatile bedrooms including one that can serve as a study. The kitchen is equipped with essential appliances and offers further scope for improvement. With extensive gardens at both the front and rear and a detached double garage, this property could become an impressive family home or profitable investment. The sale is chain-free, making it ripe for those looking to enter the market or undertake a project. Please note that final bids are solicited after open viewings.

Investment Analysis

(MK45 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£415/sq ft
Area Average
£394/sq ft
Avg Rent (weekly)
£304
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£522,349
10% above area average per sq ft
Potential ROI
-11.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
61
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (MK45)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on MK45 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

Rectory Lane, Houghton Conquest, Bedfordshire, MK45
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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.

Stamp Duty Calculator

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