£215,000
2 bed flat for saleChaucer Road, Bedford MK40
2 beds
1 bath
1 reception
EPC Rating: C
About this property
Investment buyers only
Sold with tenant in situ
Share of Freehold
Rental income of £1,200 pcm
Approximate gross yield of 6.55%
Top floor apartment
Walking distance to station and shops
Excellent commuter links via A6
Potential future growth linked to Universal Studios Bedford development
An excellent opportunity for investment buyers to acquire this well-presented top floor apartment, offered for sale with a long-term tenant in situ and producing an immediate rental income of £1,200 per calendar month (£14,400 per annum), equating to an approximate gross rental yield of 6.55% based on the asking price.
The property is being sold strictly to investors only and offers a ready-made investment with established rental income from day one. Further benefits include share of freehold ownership, helping to reduce some of the uncertainties often associated with leasehold properties, alongside allocated parking for one vehicle and a desirable top-floor position.
Ideally situated in a highly convenient location, the property is within walking distance of local shops, supermarkets, and everyday amenities, while also offering excellent transport connections. Positioned close to the A6, the property is ideal for commuters requiring easy access to Bedford town centre, surrounding areas, and major road links.
The property is also expected to benefit from the significant long-term regeneration and economic growth associated with the proposed Universal Studios resort development in Bedford. The multi-billion-pound project is anticipated to bring major infrastructure improvements, thousands of new jobs, and increased demand for housing across the area, making this an attractive proposition not only for immediate rental returns but also for future capital growth potential.
A strong addition to any property portfolio and an investment opportunity worthy of serious consideration.
EPC rating: C.
Communal Entrance
Secure entry system provides access to the communal hallway leading to the apartment
Landing
Mezzanine space with access to all accommodation
Lounge/Diner (16'6" x 14'6" (5.03m x 4.42m))
A spacious and light-filled reception room featuring vaulted ceilings and a large sash window overlooking the attractive tree-lined street. Perfect for relaxing or entertaining
Kitchen (10'4" x 6'3" (3.15m x 1.9m))
A modern fitted kitchen offering a range of stylish wall and base units with complementary tiling and ample space for appliances, including a fridge/freezer. Velux window to the side provides natural light
Bedroom 1 (13'9" x 9'9" (4.19m x 2.97m))
A generously sized double bedroom with double glazed window overlooking the rear aspect
Bedroom 2 (10'0" x 5'10" (3.05m x 1.78m))
A single bedroom with window to the front-ideal as a guest room, home office or nursery
Bathroom (10'11" x 5'10" (3.33m x 1.78m))
Contemporary three-piece bathroom suite comprising a panelled bath with shower over, WC, and vanity wash hand basin. Finished to a high standard with stylish fittings and tiling
Outside
The property includes allocated off-street parking for one vehicle
Disclaimer
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate. The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract
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Tenure
Share of freehold
Service charge
Council tax band
A
Commonhold details
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