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Bedford Road, Willington, Bedford

South East

£650,000
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1482 sqft

Description

This property represents a significant redevelopment opportunity nestled in the desirable village of Willington. It features a 1930s detached house complemented by a spacious brick barn at the rear. Recently approved planning consent (ref: 23/02416/FUL) permits the demolition of the current buildings, paving the way for a new detached farmhouse-style residence and an additional barn-style unit. The proposed new home (Plot 1) is designed to encompass approximately 2,872 sq ft, while the barn (Plot 2) is set to provide around 2,926 sq ft of living space. Occupying about 0.51 acres, this plot also has a right of way via a side driveway. An existing large greenhouse is on-site and can be removed prior to development if necessary. Although the three-bedroom house is in good condition and could serve as temporary accommodation, there’s potential—subject to planning authorities—for enhancing or extending it instead of demolition while proceeding with the development of the new barn-style dwelling. This site is ideal for developers or those interested in creating multi-generational living spaces. The community infrastructure levy (CIL) charge stands at £29,521.32 but may have exemptions for self-builders. With mains services fully connected and local amenities within reach—including restaurants, schools, and efficient transport links—this property combines opportunity with practicality.

Investment Analysis

(MK44 area)

Above Market Value

This property is priced +20.8% above area average per sq ft

+20.8%
This Property
£439/sq ft
Area Average
£363/sq ft
Avg Rent (weekly)
£331
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£592,089
10% above area average per sq ft
Potential ROI
-34.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (MK44)

Area prices are stable by -1.9% over the last 12 months
3 year growth: +0.1%
5 year growth: +11.3%
Investment Disclaimer: Analysis based on MK44 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

Bedford Road, Willington, Bedford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,319
Based on a loan of £487,500 over 30 years at 3.97% 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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