£215,000

2 bed flat for sale
Chaucer Road, Bedford MK40

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Share of Freehold

Belvoir - Bedford

Logo of Belvoir - Bedford

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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More information

  • Tenure

    Share of freehold

  • Service charge

  • Council tax band

    A

  • Commonhold details

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Property descriptions and related information displayed on this page are marketing materials provided by - Belvoir - Bedford. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir - Bedford for full details and further information.