This property is no longer on the market
8 bedroom block of apartments
Key information
Property description & features
- Tenure: Freehold
- Attention Landlords/Investors
- Rare Freehold block
- Comprising 7 flats and 2 garages
- Gas heating
- Potential to convert back into single dwelling
- Highly regarded location
Flat 1a: Ground floor, comprising living room, kitchen, 1 bedroom and bathroom.
Flat 1b: Ground floor, comprising, living room, kitchen, 1 bedroom and bathroom.
Flat 2: Ground floor, comprising living room, kitchen, 1 bedroom and bathroom.
Flat 3: First floor, comprising, living room, kitchen, 1 bedroom and bathroom.
Flat 4: First floor, comprising, living room, kitchen, 1 bedroom and bathroom.
Flat 5: Second floor, comprising, living room, kitchen, 2 bedrooms and bathroom.
Flat 6: Second floor, comprising, living room, kitchen, 1 bedroom and bathroom
Garage 1:
Garage 2:
All flats benefit from gas fired central heating with their own boilers.
Individual Energy Perfomance Certificates exist for each flat.
Current Gas safety certificates and Electrical safety certificates exist for all the flats.
The property currently benefits from a HMO Licence until May 2023.
There are two garages with the block currently also let, gravelled area providing some additional parking and front garden area.
All flats are currently let on Assured Shorthold Tenancy agreements generating an annual income of circa £52,740 per annum which also includes the rent from the garages.
Background: As agents we have let and managed this block for the last 15 years and in our opinion would represent an excellent investment producing a very satisfactory yield. The property has always been well maintained by the current owner.
Due to its highly regarded location off The Embankment and close to the town centre we have always found that the property benefits from high occupancy with few void periods over the time under our management.
The property also offers the potential to convert back to a single dwelling to provide a substantial residence in one of Bedford's prime locations.
For further details or to inspect the premises please contact our offices.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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