Houghton Road

INVESTMENT OPPORTUNITY

We are delighted to offer 38 Houghton Road to the market, a three-bedroom end terrace house in one of Bedford’s well-established residential pockets, sold with the current tenants in situ. For an investor, this is about as close to a turnkey purchase as the market offers: no marketing period, no refurbishment, no void between owners. The rent is already flowing, the tenancy is already proven, and the income starts the moment the sale completes.

THE PROPERTY

The property comprises three bedrooms in an end terrace configuration, offering more space, more privacy and typically a larger plot than a mid-terrace equivalent, qualities that matter to family tenants and help underpin strong, consistent demand. It is currently let at £1,800 per calendar month and is offered freehold, meaning no ground rent, no service charge, and no lease to manage, simplicity that many investors specifically look for.

KEY INFORMATION

Rent: £1,800 pcm x 12: £21,600.00
Gross Yield: 6.5%
EPC: D

Tenure: Freehold

WHY BEDFORD, MK42

Bedford has built a reputation as one of the more affordable towns within easy reach of London, and MK42 in particular benefits from a rare mix of value, connectivity and consistent tenant demand:

• Fast, direct London links – Bedford station’s Thameslink services reach London St Pancras in around 40 minutes, keeping the town firmly within the capital’s commuter belt and drawing a steady flow of working tenants priced out of London itself.
• Family-sized housing in demand – three-bedroom terrace houses are consistently sought after by family tenants across Bedford and typically let faster than smaller flatted stock.
• Yields ahead of the local average – MK42 postcodes have reported gross rental yields broadly in the 5–7% range, and this property’s 6.5% sits comfortably at the top of that bracket.
• Rising values – house prices across MK42 have continued to climb in recent periods, giving investors a credible case for capital appreciation alongside income.
• A settled, amenity-rich area – established schools, shops and green space continue to make the location attractive to long-term family tenants, supporting tenancy longevity and reducing turnover.

THE INVESTMENT CASE, IN SUMMARY

• Sold with tenants in situ – income from day one, zero void
• Gross yield of 6.5%, among the strongest in the local postcode
• Freehold – simple, low-maintenance ownership structure
• Three-bedroom end terrace, a configuration in consistent demand from family tenants
• Strong commuter connectivity into London
• A market showing genuine, ongoing capital growth