# Land for sale (MK43 0UQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 2 BUTLER DRIVE, BEDFORD, LIDLINGTON, CENTRAL BEDFORDSHIRE MK43 0UQ |
| Price | £1,000 |
| Last sold | £321,000 Jan 2025 |

## Description

**Please refer to auctioneer for more information ****Guide Price =** **£1,000+

**For Sale By Public Auction 7th August 2025 10:00 AM To inspect the legal documents for this property go to our website   to download the legal pack**

Land and Roadways Measuring Approximately 0.31 Acres / 1,255 sq m 13,509 sq ft

****Tenure**

Freehold

**Location**

The land and roadways are situated on a residential road close to local shops and amenities. The open spaces of Lidlington Main Park are within easy reach. Transport links are provided by Lidlington rail station.

**Description**

The lot comprises land and roadways measuring approximately 0.31 Acres / 1,255 sq m 13,509 sq ft.

**Note**

The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact. Some or all of the plot may comprise adopted highway land and if the site has trees, there may be Tree Preservation Orders in place. Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site. 

******Open Site**

Addendum

Please note that this property is subject to a Buyers Premium of £900 inc VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.

## Property Photos

- ![Photo](/listings/photos/164191514/1338447)
- ![Photo](/listings/photos/164191514/1338448)
- ![Photo](/listings/photos/164191514/1338449)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 2 BUTLER DRIVE, LIDLINGTON, BEDFORD, CENTRAL BEDFORDSHIRE, MK43 0UQ | £321,000 | 24/01/2025 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 14 ST MARGARETS CLOSE, LIDLINGTON, BEDFORD, CENTRAL BEDFORDSHIRE, MK43 0RL | £313,850 | 08/06/2023 | Other |
| 13 LOMBARD STREET, LIDLINGTON, BEDFORD, CENTRAL BEDFORDSHIRE, MK43 0RP | £250,000 | 20/01/2022 | Other |
| 13 HIGH STREET, LIDLINGTON, BEDFORD, CENTRAL BEDFORDSHIRE, MK43 0RN | £401,650 | 28/09/2021 | Other |

**Area average:** £321,833 (3 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £350,000 (1 Other, MK43, 2024–2026)
- **Deviation:** -99.7%

## Rental Range

*ONS Price Index of Private Rents (Central Bedfordshire). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,122/mo
- **Realistic:** £1,247/mo
- **Optimistic:** £1,372/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bedford (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Manor Road, MK43 | £4,333/mo | 3 | 1.24 miles | OpenRent |
| 3 Bed Semi-Detached House, Brook Road, MK43 | £1,600/mo | 3 | 1.26 miles | OpenRent |

**Average rent: £2,967/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 296.7% (strong)
- **Max investor price (0.8%):** £370,875
- **Target investor price (1%):** £296,700

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,967/mo).*

- **Gross yield:** 3560.4%
- **Monthly cashflow:** £2,641/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 10929.8%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − 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).*

## Capital growth trend

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

- **5y growth:** -98.1%
- **10y growth:** -9.5%

## House Price Index (HM Land Registry)

*Official index for Central Bedfordshire; All dwelling types series; as of April 2026.*

- **1y growth (index):** 4%
- **5y growth (index):** 18.6%
- **10y growth (index):** 35.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)