2 Bed Apartment House For Sale Chaucer Road, Bedford, MK40

£170,000- Apartment

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Last Updated: 4th June 2024

Description

An ideal first time or investment opportunity to purchase this two bedroom, split level, second floor apartment located in this popular area of Bedford.

Within easy walking distance to the town centre and main railway station. The property comprises of an entrance hall, kitchen/living room, a double master bedroom with balcony and one single bedroom and a shower room.

As an investment opportunity, the property has a monthly rental income of £1050 per calendar month. Providing a gross yield of 7.4%

Kitchen/Living Room - 5.13m x 4.47m (16'10 x 14'8) -

Bathroom - 2.76m x 1.96m (max) (9'0\" x 6'5\" (max)) -

Bedroom 2 - 2.77m x 2.77m (9'1 x 9'1) -

Bedroom 1 Upper Floor - 6.81m x 3.40m (22'4 x 11'2) -

Lease Details - Lease: 118 years remaining
Service/Ground Rent: £91.00 per calendar month

Bedford - Bedford town centre has a great selection of shops, bars & restaurants. The train station, located just outside of the town centre, offers fantastic transport links into Luton in 20 minutes and London St Pancras in under 40 minutes. The road links from Bedford also serve commuters well with direct access to the A428, the M114 and 13.


Council Tax Band: A
Tenure: Leasehold (118 years)
Service Charge: £91 per month
Agent Details
Signature Sales and Lettings
406 Bedford Heights, Bedford, MK41 7PH

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested