Sold STC Flat

67 SOVEREIGNS QUAY

BEDFORD, BEDFORD MK40 1TF

2 beds 2 baths 829 sq ft Listed 4 Aug 2025 (-292d)

£240,000

Guide Price

Save
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Property details

Tenure

LEASEHOLD (90 years remaining on lease)

Floor area

77 m²

Council tax band

D

EPC rating

C

Year built

England and Wales: 1991-1995

Last sold

£240,000 Feb 2026

Price per m²

£3,117/m²

Local average

£180,557 (+32.9%)

Deprivation

Decile 1 (3,120 of 33,755)

Street crime

706 incidents within 1 mile (Mar 2026)

Key features

  • Communal entrance hall
  • Stairs and lift to the third floor
  • Entrance hall
  • Living room
  • Dining room/bedroom three
  • Bathroom
  • Master bedroom with en suite
  • Further double bedroom
  • Gas fired central heating
  • Two balconies

Additional details

Parking
Yes

Description

This is an excellent opportunity to acquire a modern duplex apartment occupying the third and fourth floors of this popular apartment block that has the benefit of lift access.

The accommodation is offered in good order with a refitted kitchen, a refitted bathroom and a refitted en suite to the master bedroom.

The ‘ground’ floor offers a living room with the kitchen off and a separate dining room that would suit a variety of uses, and a family bathroom with a shower over. There is also a balcony overlooking the river.

The ‘first’ floor offers a master bedroom with an en suite shower room, fitted wardrobes and a balcony overlooking the river and a double bedroom with built-in cupboards.

Additional benefits include gas fired central heating and double glazing. There are also two dedicated parking spaces.

The lease is 125 years from 1990 (90 years remaining). The current service charge is £2,400 per annum and ground rent is £300 per annum. These details should be verified by your own legal advisor.

Sovereigns Quay is conveniently located for access to Bedford’s town centre, the new Riverside development with its variety of restaurants and entertainment and Bedford’s mainline station with fast and frequent services to the capital and beyond. Bedford sits midway between the A1 and the M1 and is very well placed for access to all parts north, east, south or west.

Listed by

Bedford

Lane & Holmes LLP

Reference: 165318200

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 30/07/2025

Current heating cost: £498/year

Potential heating cost: £498/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan.jpg

Floorplan.jpg

EPC Graphs

EE Rating

EE Rating

Price history

23% since 2016

Event Date Price % change
Sold 06/02/2026 (3 months ago) £240,000 +5.3%
Sold 30/09/2019 (6 years ago) £228,000 +16.9%
Sold 21/03/2016 (10 years ago) £195,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CROWN QUAY FLAT 64 PREBEND STREET, BEDFORD, MK40 1BN £258,000 07/11/2025 Flat
CROWN QUAY FLAT 74 PREBEND STREET, BEDFORD, MK40 1BN £180,000 15/08/2025 Flat
Same street 74 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £190,000 14/12/2023 Flat
Same street 66 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £220,000 13/12/2023 Detached
4 HERON QUAY, BEDFORD, MK40 1TH £153,000 31/10/2023 Flat
38 HERON QUAY, BEDFORD, MK40 1TH £190,000 25/08/2023 Flat
Same street 85 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £175,000 05/04/2023 Flat
CROWN QUAY FLAT 92 PREBEND STREET, BEDFORD, MK40 1BN £140,000 24/03/2023 Flat
48 HERON QUAY, BEDFORD, MK40 1TH £185,000 06/01/2023 Flat
Same street 61 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £175,000 21/12/2022 Flat
Same street 77 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £168,000 20/12/2022 Terraced
46 HERON QUAY, BEDFORD, MK40 1TH £180,000 21/10/2022 Flat
Same street 76 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £187,500 31/08/2022 Flat
45 HERON QUAY, BEDFORD, MK40 1TH £176,000 01/07/2022 Flat
35 HERON QUAY, BEDFORD, MK40 1TH £190,000 10/06/2022 Flat
15 HERON QUAY, BEDFORD, MK40 1TH £180,000 27/05/2022 Flat
CROWN QUAY FLAT 63 PREBEND STREET, BEDFORD, MK40 1BN £175,000 27/05/2022 Flat
45 SOVEREIGNS QUAY, BEDFORD, MK40 1TE £210,000 19/05/2022 Flat
18 HERON QUAY, BEDFORD, MK40 1TH £225,000 13/05/2022 Flat
Same street 80 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £225,000 22/04/2022 Flat
Same street 87 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £210,000 28/02/2022 Flat
CROWN QUAY FLAT 73 PREBEND STREET, BEDFORD, MK40 1BN £157,000 03/02/2022 Flat
CROWN QUAY FLAT 44 PREBEND STREET, BEDFORD, MK40 1BN £155,000 24/01/2022 Flat
Same street 100 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £220,000 12/01/2022 Flat
Same street 83 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £147,500 12/11/2021 Terraced
Same street 82 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £290,000 18/10/2021 Flat
Same street 62 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £140,000 06/10/2021 Flat
CROWN QUAY FLAT 56 PREBEND STREET, BEDFORD, MK40 1BN £152,000 27/08/2021 Flat
Same street 75 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £136,000 30/06/2021 Flat
37 HERON QUAY, BEDFORD, MK40 1TH £205,000 23/06/2021 Flat
Same street 69 SOVEREIGNS QUAY, BEDFORD, MK40 1TF £165,000 25/05/2021 Flat

Street average: £189,214 (14 sales)

Area average: £183,000 (17 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 41.5%
10y growth 26.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Bedford. Series: Flats and maisonettes. As of February 2026.

1y (index) 0.7%
5y (index) 10.3%
10y (index) 30.5%

Rental Range

Estimated market rent for Bedford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,049/mo
Realistic £1,166/mo
Optimistic £1,283/mo

Based on Local Authority from postcode lookup → Bedford.

LHA (30th percentile) floor for Bedford: £823/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View MK40 1TF

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Watan Bakery & Restaurant 0.1 miles
Shop PD Express Food & Wine 0.1 miles
Bus stop River Street 0.2 miles
Bus stop Alexandra Road 0.2 miles
Train station Bedford St Johns 0.3 miles
Train station Bedford 0.4 miles
Hospital Bedford Hospital SDEC - Same Day Emergency Care 0.4 miles
University University of Bedfordshire Polhill Campus 1.4 miles
Hospital The Manor 1.8 miles
University Cranfield University 7.9 miles

Street-level crime

Category Count
Violence and sexual offences 265
Anti-social behaviour 107
Shoplifting 67
Public order 51
Other theft 48
Criminal damage and arson 36
Drugs 30
Other crime 30
Burglary 22
Vehicle crime 16
Robbery 14
Bicycle theft 7
Possession of weapons 7
Theft from the person 6
Total incidents 706

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bedford College Other 0.2 miles — (No rating)
Bedford Free School Secondary 0.2 miles Outstanding — 23 Mar 2020
Priory Primary School Primary 0.3 miles — (Inspected (no overall grade))
Bedford Girls' School Other 0.5 miles — (No rating)
Peter Pan Nursery School Nursery 0.5 miles Outstanding — 5 Mar 2013

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Western St, MK40 £2,679/mo 2 0.09 miles OpenRent
2 Bed Flat, Merchants Court, MK42 £1,200/mo 2 0.29 miles OpenRent
2 Bed Flat, Palgrave Road, MK42 £2,500/mo 2 0.32 miles OpenRent
2 Bed Flat, Hurst Grove, MK40 £2,000/mo 2 0.41 miles OpenRent
2 Bed Flat, Hurst Grove, MK40 £2,200/mo 2 0.41 miles OpenRent
2 Bed Flat, Hurst Grove, MK40 £2,250/mo 2 0.41 miles OpenRent
2 Bed Flat, Bromham Road, MK40 £2,800/mo 2 0.51 miles OpenRent

Average rent: £2,233/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.94%
Max investor price (0.8%) £281,250
Target investor price (1%) £225,000
Gross yield 11.3%
Cost-to-rent ratio 8.9×
Monthly cashflow £1,055/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 18.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).