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Home Road, Bedford

South East

£750,000

Listed on 18/05/2026

Property Details

Bedrooms
5
Type
Detached Bungalow
Area
955 sqft

Description

Situated on an expansive plot in the sought-after Kempston Rural area, this spacious 4/5 bedroom detached bungalow presents a unique opportunity for buyers looking for a comprehensive renovation project. The property requires complete refurbishment throughout, making it a blank slate to transform into a personalized family residence or an investment property with significant potential returns. The main accommodation offers flexible living spaces, including several reception rooms and the option to configure four or five bedrooms, which can cater to various lifestyle needs. Given its current condition, the layout is conducive to reimagining and extending (subject to planning permissions), allowing for creativity in design. A noteworthy aspect is the large private rear garden, perfect for landscaping and outdoor entertainment, while also offering possibilities for future development. Additionally, the property features a spacious driveway with parking for multiple vehicles and a single garage. Unique to this property are two separate annexes, providing excellent opportunities for multi-generational living arrangements, guest accommodations, or even supplementary rental income. In summary, this property combines a substantial plot size with a versatile layout and remarkable development prospects, making it ideal for those aiming to add substantial value through renovation.

Investment Analysis

(MK43 area)

Above Market Value

This property is priced +114.3% above area average per sq ft

+114.3%
This Property
£785/sq ft
Area Average
£366/sq ft
Avg Rent (weekly)
£311
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£384,956
10% above area average per sq ft
Potential ROI
-54.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (MK43)

Area prices are rising by +2.7% over the last 12 months
3 year growth: -3.1%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on MK43 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

Home Road, 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
£2,676
Based on a loan of £562,500 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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