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Merchants Gate
For saleReduced 18 Sept 2026
£240,000

Merchants Gate, Bedford, MK40 1AS

1bedroom
1bathroom
Apartmenttype
Leaseholdtenure

Listed 19 Aug 2026 · price reduced 18 Sept 2026 · Bedford

How the price compares

This home£240,000
Median 1 bed in MK40£150k27 homes listed · £410 per sq ft
Difference+60%above the area median

Key features

  • Immaculately Presented Throughout
  • No Chain
  • Balcony Views Over River Great Ouse
  • Lift In Block
  • Open Plan Living
  • Within Walking Distance To Local Amenities And Bedford Mainline Train Station

About this home

Situated within the exclusive Merchants Gate development, we are delighted to offer for sale this stunning fourth-floor riverside apartment, enjoying an enviable position overlooking the River Great Ouse.

The apartment offers well-presented and thoughtfully designed accommodation, with the layout centred around a spacious open-plan kitchen and living area. The living room provides direct access onto a private balcony, creating the perfect spot to relax and enjoy the attractive riverside views.

The contemporary kitchen is fitted with a quality range of wall and base units, complemented by integrated appliances and ample work surface space. There is a generous double bedroom featuring fitted wardrobes, together with a modern three-piece family bathroom.

The development benefits from a secure fob-entry system, lift access to all floors and a dedicated bicycle store, making it particularly appealing to both owner-occupiers and investors alike.

Merchants Gate enjoys an enviable riverside position within Riverside Square, a popular and vibrant development situated close to the heart of Bedford. The immediate area offers a fantastic selection of restaurants, public houses and leisure facilities, providing plenty of choice right on the doorstep.

The picturesque Castle Quarter is within easy walking distance and offers a variety of independent cafés, restaurants, bars and shops, whilst both Russell Park and the beautiful Bedford Embankment are also close by, providing excellent opportunities for walking, cycling and enjoying the open green spaces alongside the River Great Ouse.

For commuters, Bedford mainline railway station is approximately 0.5 miles away, offering regular services to London St Pancras International, with journey times of around 47 minutes. The town centre is also within easy walking distance and provides an extensive range of high street and independent shops, cafés, restaurants and everyday amenities.Tenure: leaseholdCOUNCIL TAX : BEPC:B

Property details

Property type
Apartment
Council tax band
B
Tenure
Leasehold
Lease remaining
239 years left
Ground rent
£350 per year (Ask agent about the review period)
Service charge
£1,100 per year

Floorplan

Floorplan 1

Location

Skip map

1 on this map

  • Bedford St. Johns Station0.4 mi
  • Bedford Station0.4 mi
  • Kempston Hardwick Station3.3 mi

What nearby homes sold for

Median sold prices in MK40 over the last 12 months: flat £195k · semi-detached £360k · terraced £335k · detached £542k.

AddressTypeSoldPrice
5 Merchant Gate
Bedford MK40 1AS
Flat
Leasehold
26 Jun 2026£310,000
41 Merchant Gate
Bedford MK40 1AS
Flat
Leasehold
28 Nov 2025£192,500
20 Merchant Gate
Bedford MK40 1AS
Flat
Leasehold
24 Oct 2025£300,000
18 Merchant Gate
Bedford MK40 1AS
Flat
Leasehold
11 Apr 2024£215,000
18 Merchant Gate
Bedford MK40 1AS
Flat
Leasehold
28 Mar 2024£255,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in MK40

Buying costs

Monthly repayment£1,201£24,000 deposit · £216,000 loan
Stamp Duty£2,300England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Cooper Wallace, Bedford on Rightmove (original listing). First listed 19 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 18/09/2026.

Agent disclaimer

Disclaimer - Property reference 12897659. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper Wallace, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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