Bedford Road, Cranfield
CR

Bedford Road, Cranfield

By Cranes Estate Agents

£ 150,000

Reviews

3 out of 5 stars

Cranes Estate Agents says ..

INVESTMENT OPPORTUNITY - We are instructed to offer for sale this one bedroom bungalow situated in the popular Bedfordshire village of Cranfield. Offered for sale with a sitting tenant paying £650pcm until April 2025 (who has also indicated he would like to stay for longer) the property is an ide...

Property Oracle says ..

This one-bedroom bungalow on Bedford Road, Cranfield, is presented as an investment opportunity due to the existing sitting tenant. The property itself is a compact one-bedroom bungalow, with a modest but usable garden and added parking space which adds value. The exterior appears relatively well-maintained, although some minor cosmetic updates could enhance its appeal. The location in Cranfield offers a good balance between village life and proximity to transport links and well-regarded schools. The nearby listings show a significant price range, reflecting the diversity of property types in the area. The price seems reasonable relative to comparable properties, but the lack of interior details and the presence of a tenant need careful consideration by potential buyers. A full structural survey and assessment of rental income are essential before making any purchase decision. The fact the property is listed as having 0 sqft in the nearby listings is a concerning data discrepancy that needs further investigation. The presence of a tenant paying £650pcm until April 2025 is a key aspect of the investment opportunity; however, future rental income beyond this date remains uncertain. Overall, this property presents a mixed bag: appealing location, and workable size but needs further investigation before forming a definitive opinion on condition and price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
630.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
370,600.00 £
Decreased by 20.01 %
from 463,322.00 £
Est sale value
250,110.00 £
Increased by 0.25 %
from 249,480.00 £
Average area rental value
1,063.00 £/mo
Decreased by 10.52 %
from 1,188.00 £/mo
Est letting value
630.00 £/mo
Unchanged by 0.00 %
from 630.00 £/mo
Est rental Yield
3.44 %
Increased by 11.69 %
from 3.08 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Cranes Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Holywell SchoolAcademy ConverterGood1.42 KM
Cranfield Church Of England AcademyAcademy ConverterGood1.66 KM
Cranfield UniversityHigher Education Institutions4.01 KM
Shelton Lower SchoolFoundation SchoolGood4.40 KM
Thomas Johnson Lower SchoolCommunity SchoolGood5.06 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Thrift View £ 424,99500.00 KM
Portnall Place £ 000.00 KM
Coronation Road £ 000.00 KM
Kings Grove £ 000.00 KM
Blenheim Croft £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lidlington1579LID5.31 KM
Ridgmont1538RID5.48 KM
Millbrook (Bedfordshire)1537MLB7.05 KM
Aspley Guise1380APG7.48 KM
Stewartby1386SWR7.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Partridge Piece, Cranfield, Bedford £ 345,000BUY7 / 100.14 KM
Partridge Piece, Cranfield, Bedford £ 325,000BUYUnknown0.14 KM
Gadsden Close, Cranfield, Bedford £ 300,000BUY7 / 100.15 KM
Gadsden Close, Cranfield, Bedford £ 310,000BUY7 / 100.15 KM
Cranfield, MK43 0BP £ 335,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
95 Bedford Road £ 264,5000.01 KM
85 Bedford Road £ 198,0000.01 KM
87 Bedford Road £ 275,0000.01 KM
75 Bedford Road £ 180,0000.01 KM
97 Bedford Road £ 173,5000.01 KM