According to the public record, Flat 3, Underwood House 4, Bedford is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Underwood House, Rothsay Gardens, Bedford, MK40.
Rothsay Gardens, Bedford, MK40 is located within the MK40 postal district.
Flat 3, Underwood House 4, Bedford has 41 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 3 Underwood House 4 Bedford as £236,705 and the rental value as £1,092 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 3 Underwood House 4 Bedford has decreased by £1,762 (0.7%) and its rental value has increased by £42 per month (3.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 3, Underwood House 4, Bedford is in very good condition we estimate a sale value of £248,540 and rental value of £1,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,135 and a rental value of £1,016 per month.
If you were able to purchase this property for the estimated value of £236,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,163 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 3, Underwood House 4, Bedford was last sold on 06 Jul 2018 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2018, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Underwood House 4, Bedford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 4, 42, Goldington Avenue, Bedford, MK40 3BY, a Leasehold flat which sold for £190,000 in Jun 2021.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rothsay Gardens, Bedford, MK40 has a total of 36 addresses. According to our analysis of all the public data, Flat 3, Underwood House 4, Bedford is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in MK40.
Flat 3, Underwood House 4, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jan 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, Underwood House 4, Bedford is Bedford St Johns station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Underwood House 4, Bedford, 34.0% of property is privately rented and 27.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, Underwood House 4, Bedford, 11.6% of residents are recorded as possessing school level qualifications and 53.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 3, Underwood House 4, Bedford, the average age was 38.6 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, Underwood House 4, Bedford, 2.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, Underwood House 4, Bedford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.