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Alexandra Road, Bedford

South East

£480,000

Listed on 21/07/2026

Property details

Bedrooms
6
Type
Semi Detached
Area
1998 sqft

Description

This six-bedroom semi-detached house located in Bedford presents a noteworthy investment opportunity, currently generating a rental income of £43,200 per year. The property is well-maintained and comprises one reception room, one kitchen, and four bathrooms, making it suitable for multi-occupancy or large family living. Notably, planning permission has been secured for the development of four self-contained flats, enabling potential investors to capitalize on this promising project. Situated in a desirable area of Bedford, the home enjoys proximity to a range of local amenities including shops and cafés as well as quality schools that are favorable for families considering future resale or rental options. Excellent public transport links enhance its appeal; Bedford railway station offers direct services to London St Pancras International with journey times averaging 40-50 minutes. Additionally, residents benefit from access to green spaces like Bedford Park and the Embankment along the River Great Ouse, which provide opportunities for leisure activities. With its existing rental yield and granted planning permissions combined with a convenient location, this property stands out as a compelling chance for renovation and investment in Bedford.

Investment analysis

(MK40 area)

Below Market Value

This property is priced -30.0% below area average per sq ft

-30.0%
Potential saving
This Property
£240/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£754,505
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (MK40)

Area prices are falling by -6.9% over the last 12 months
3 year growth: +3.1%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on MK40 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

Alexandra Road, 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
£1,813
Based on a loan of £360,000 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

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