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Park Road, Westoning, Bedford

South East

£1,350,000

Listed on 18/06/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique residential development prospect in the desirable village of Westoning, Bedfordshire. Spanning roughly 0.67 acres, the site comes with full planning permission for five family homes, making it an attractive option for developers looking to begin construction without delay. The secured planning under reference CB/26/00422 mitigates typical uncertainties around approvals, allowing potential purchasers to move forward directly with their building plans. With its designation under Use Class C3 (Residential), this site is perfectly positioned to take advantage of the ongoing demand for high-quality family housing in the area. Westoning is known for its appealing community environment and excellent transport links, including road access and rail connections to London, which enhance its attractiveness to families seeking both peaceful living and commuting ease. This opportunity is particularly suitable for regional or national housebuilders, small and medium-sized enterprises (SMEs), or investors in search of a ready-to-go development scheme that promises strong market interest and favorable end values. Given the rarity of planning-approved sites in prime locations like this, acquiring this land offers not only immediate development possibilities but also significant future investment returns.

Investment Analysis

(MK45 area)
Area Average
£398/sq ft
Avg Rent (weekly)
£317
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (MK45)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +0.3%
5 year growth: +10.7%
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

Park Road, Westoning, Bedford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,100
Based on a loan of £1,012,500 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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