5-bedroom house · MK40 3RQ
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Centrally located within the popular Castle Road area, this well cared for period semi detached home offers well-proportioned accommodation arranged over three floors.
There are separate, self-contained, sitting and dining rooms as well as a spacious fitted kitchen with some built-in appliances.
In addition, there is a large utility room providing further kitchen/storage space. The first floor has three double bedrooms as well as a single bedroom/study and a shower room with walk-in shower.
The main bedroom is found on the second floor in the converted loft space and is a bright and spacious double bedroom with Velux windows and eaves storage space.
All of the windows are double glazed and there is gas to radiator heating from a combination boiler. Outside, the rear garden is walled all around and offers both lawn and patio areas.
There is also an attached brick-built storage shed.
Situated in the heart of the Castle Quarter, there is a good choice of local shops, cafes and coffee shops along with two popular pubs and specialist shops such as a butcher and a bakery.
Both Russell Park and The Embankment are close by and the popular Castle Newnham Primary School is just around the corner.
Bedford town centre is a short walk away and offers a wider choice of shops and restaurants as well as fast links by rail into London St Pancras. EER: D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Pembroke Street, Bedford
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