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Commercial Road, Bedford MK40

South East

£200,000

Listed on 24/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
1003 sqft

Description

This two-bedroom terraced property presents an exceptional opportunity for first-time buyers and savvy investors alike. Located in proximity to Bedford's bustling town centre, it offers easy access to a variety of local amenities, transport links, and recreational spaces. While the home requires significant modernization throughout, it provides a blank canvas for new owners to tailor the space to their personal taste. Notably, it has already undergone essential updates including a complete rewire and the installation of a new fuse board. Inside, you'll find a spacious lounge/diner that flows into a generous conservatory/utility area, granting access to the kitchen and a separate WC. The upper level features a unique split-level landing leading to two well-sized double bedrooms, alongside a fitted bathroom and an additional separate WC. Externally, the property boasts an enclosed decked garden with attractive seating areas, plus convenient storage options at the rear. On-street permit parking is available within the Controlled Parking Zone. With its strategic location near Bedford's mainline station—offering direct services to London St Pancras—and excellent road networks via the A421 and A6, this home is ideal for commuters. Moreover, residents can enjoy nearby green spaces like the River Great Ouse and Bedford Park while benefiting from various local schools and everyday conveniences.

Investment Analysis

(MK40 area)

Below Market Value

This property is priced -42.1% below area average per sq ft

-42.1%
Potential saving
This Property
£199/sq ft
Area Average
£345/sq ft
Avg Rent (weekly)
£250
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£380,197
10% above area average per sq ft
Potential ROI
+61.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (MK40)

Area prices are falling by -6.2% over the last 12 months
3 year growth: +6.1%
5 year growth: +11.5%
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

Commercial Road, Bedford MK40
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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
£756
Based on a loan of £150,000 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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