54 Meadway, Bedford, Bedfordshire, MK41 9HH

Description

A Vacant Three Bedroom End of Terrace House. The property comprises a three bedroom end of terrace house arranged over ground and first floors. The property requires a program of refurbishment.

Accommodation

Ground Floor: Reception Room, Kitchen. First Floor: Three Bedrooms, Bathroom. Exterior: rear garden.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Bowhill Park are within easy reach. Transport links are provided by Bedford rail station.

Tenure / Property Information

Investment Analysis

Completed sales provide a useful local range: the same property sold for £208,500 on 24 April 2026, while other Meadway terraced houses sold for £245,000–£250,000 in 2024–2025 and £192,000 in 2016. The same-property sale is the strongest evidence, but the condition and specification of all comparables are not supplied. A cautious base GDV of £208,500 is therefore used, with £192,000 as a low evidence point and £250,000 as a high evidence point. The refurbishment required may affect achievable value, but no completed specification or condition-based uplift can be established.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the refurbishment requirement and price the works before considering a purchase; the lack of rental evidence also prevents a supported BTL appraisal.

Works Required

The property requires a programme of refurbishment, but no detailed schedule, condition report or cost information is supplied. Specific works, beyond general refurbishment, cannot be confirmed from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £175,000 guide plus the known £1,800 administration charge, the known acquisition cost is £176,800 before refurbishment, finance, taxes and any disbursements. A 75% refinance against the £208,500 base GDV would be £156,375, leaving a £20,425 shortfall before refurbishment and other costs. The BRRR outcome is therefore not supportable without a refurbishment budget and confirmed refinance assumptions.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparables or auctioneer rent estimate are provided. The property is vacant and requires refurbishment, so a passing rent cannot be assumed.

Flip Analysis

Using the £208,500 base GDV, the guide price plus the known administration charge leaves £31,700 before refurbishment, selling costs, finance, taxes and disbursements. As the refurbishment allowance and selling allowance are unknown, a reliable flip surplus and maximum bid cannot be calculated.

Investor Risks & Due Diligence

• The property requires refurbishment, but no scope or cost estimate is provided.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• Disbursements and other charges may become payable under the legal pack and Special Conditions of Sale.

• The current EPC rating is E.

• The condition and specification of the comparable sales are not supplied, creating uncertainty around the achievable GDV.

Recommendation

Do not bid on the current evidence alone. Obtain the legal pack, inspect the refurbishment requirement and price the works before considering a purchase; the lack of rental evidence also prevents a supported BTL appraisal.

Strategy Rating

Analysis Confidence

There is strong local completed-sale evidence, including a recent sale of the same property, but refurbishment costs, property condition details, rent, selling costs and possible legal-pack disbursements are not supplied.