Castle Lane, Bedford, MK40
CO

Castle Lane, Bedford, MK40

By Cooper Wallace

£ 107,800

Reviews

3 out of 5 stars

Cooper Wallace says ..

*80% SHARED OWNERSHIP* A keenly priced one bedroom shared ownership apartment located within this landmark development in the heart of Bedford town centre. This property is coming to the market as an 80% shared ownership. This property is perfect for riverside walks being within walking distance ...

Property Oracle says ..

The property is a 1-bedroom, 1-bathroom flat located in Bedford, Bedfordshire.

The flat is situated on Castle Lane, close to Bedford St Johns train station (0.77 KM) and several schools including Bedford Free School (0.44 KM), which has an \‘Outstanding\’ Ofsted rating.

The images show a modern flat in seemingly good condition. The kitchen and bathroom appear clean and well-maintained, though the bathroom suite looks slightly dated. The flooring throughout is modern. There is no evidence of significant damage or the need for major renovations. The property is part of a modern apartment building with parking. There is no private garden, but communal green spaces are visible in the provided images.

Considering the average price per square foot in the area is £288, and the flat is 395.11 square feet, a rough estimate of its value would be around £113,782. The list price of £107,800 is slightly below this estimate, making it potentially reasonable. However, the lack of plot size data and the limited information on the condition of the property prevent a more precise assessment. The average price of properties in the area is significantly higher (£302,231), but this is likely skewed by larger properties. Several nearby apartments are listed at prices ranging from £120,000 to £200,000, suggesting that the list price is within the range of comparable properties.

The location is good, given its proximity to transport links and schools, and the modern condition of the flat is a positive factor. The lack of private outdoor space is a drawback, but the communal areas seem well-maintained. The price appears competitive for a modern one-bedroom apartment in a convenient location.

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
8
Location
9
Land
3
Bedrooms
1
Bathrooms
1
Sqft (est)
395.11

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
273,747.00 £
Decreased by 7.23 %
from 295,097.00 £
Est sale value
144,610.26 £
Increased by 23.65 %
from 116,952.56 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
395.11 £/mo
Unchanged by 0.00 %
from 395.11 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
20.00 %
Unchanged by 0.00 %
from 20.00 %

Agent Activity

  • Cooper Wallace created the listing.

Nearby Schools

NameTypeOfstedDistance
Bedford Free SchoolFree SchoolsOutstanding0.44 KM
Bedford CollegeFurther EducationGood0.45 KM
Bedford Girls' SchoolOther Independent School0.53 KM
Bedford SchoolOther Independent School0.65 KM
E-Spired Centre Of ExcellenceOther Independent SchoolGood0.96 KM

Images

Photo 8 Living room/Kitchen Living room/Kitchen Bedroom Rear Bathroom Rear Front

Nearby Streets

NameAverage PriceAverage SqftDistance
Mill Street £ 158,33300.00 KM
High Street £ 400,00000.00 KM
St Paul's Square £ 000.00 KM
Bedesman Lane £ 000.00 KM
St. Peter's Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bedford St Johns1510BSJ0.77 KM
Bedford1512BDM1.63 KM
Kempston Hardwick1384KMH6.50 KM
Stewartby1386SWR9.66 KM

Nearby Listings

AddressPriceTypeScoreDistance
Castle Lane, Bedford, MK40 £ 107,800BUY6 / 100.00 KM
Flat, Castle Lane, Bedford, MK40 £ 37,500BUYUnknown0.00 KM
Castle Quay, Castle Lane, Bedford £ 195,000BUY5 / 100.01 KM
Castle Quay, Castle Lane, Bedford, Bedfordshire £ 200,000BUY6 / 100.01 KM
Castle Lane, BEDFORD, Bedfordshire, MK40 £ 110,000BUY5 / 100.04 KM

Nearby Properties

AddressPriceDistance
42 Mill Street £ 623,8000.16 KM
26 Mill Street £ 59,0000.16 KM
4 Howard Street £ 256,0000.18 KM
7 Gadsby Street £ 125,0000.20 KM
11 Gadsby Street £ 125,0000.20 KM