Longridge Property is a leading property investment and development business based in Bedford, UK.
Since 2015, we have consulted on the acquisition, development, and sales of residential properties with a Gross Development Value of over £100m.
Our core focus is on residential investment property in Bedford and the surrounding areas, where our founders have deep roots and extensive experience.
Why Bedford?
01
Large and growing population
The population of Bedford has grown significantly in recent years, with a 17.7% increase from 2011 to 2021, with the population now estimated to be c. 200,000. Bedford's population growth was the largest in the East of England, and the fourth largest in the UK overall.
02
Acute shortage of rental properties
Due to the unprecedented supply/demand gap the average monthly private rent in Bedford has increased significantly in recent years, with a 7.2% rise from September 2023 to September 2024 alone. Furthermore, Statista predicts a 21% cumulative increase in rental prices by 2028.
03
Multi-billion pounds of investment into the area
A few examples of proposed large-scale infrastructure projects which aim to boost employment and opportunities include:
- East-West Rail: Connecting Cambridge and Oxford, via Bedford.
- Universal UK Theme Park: Universal Destinations & Experiences has purchased a 476-acre parcel of land in Bedford.
- Multiple local smaller-scale investments: Town centre, pedestrian, cycle, rail, internet, renewables and infrastructure projects planned.
04
Major commuter town to London, Cambridge, Milton Keynes and Luton.
Trains run every few minutes and it takes just 41 minutes to reach London St Pancras Station. Bedford is situated in a prime location for commuters who travel by train, bus or car to London and the regions.
We are always buying properties in Bedford.
All opportunities within Bedford and the surrounding areas will be considered. Of particular interest are:
- Freehold houses (ideally 2+ bedrooms)
- Freehold apartment buildings (any number of units)
- Land (with or without planning permission)
- Commercial buildings with potential to convert to residential use
