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Richmond Road, BEDFORD, Bedfordshire, MK45

South East

£275,000

Listed on 22/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1138 sqft

Description

Presenting a three-bedroom semi-detached house in the desirable village of Westoning, this property offers significant renovation and extension potential, subject to obtaining the necessary planning permissions. This home boasts a spacious internal layout that includes three well-sized bedrooms, with an ensuite bathroom attached to the main bedroom. The integrated garage adds convenience for parking or storage needs. While currently unmodernised, this residence provides a blank canvas, perfect for those looking to create a tailored and contemporary living environment. Outside, the generous rear garden and large driveway cater for multiple vehicles, enhancing the property's appeal for families or investors. With its prime location and promising scope for improvement, early viewing is recommended to explore the possibilities available.

Investment Analysis

(MK45 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£242/sq ft
Area Average
£396/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£495,087
10% above area average per sq ft
Potential ROI
+57.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (MK45)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.5%
5 year growth: +8.6%
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

Richmond Road, BEDFORD, Bedfordshire, MK45
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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
£981
Based on a loan of £206,250 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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