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Cheapside, Bedfordshire LU1 10 bed block of apartments for sale
Cheapside, Bedfordshire LU1
£850,000
Cheapside, Bedfordshire LU1
£850,000
Our Summary
- Located in a prime central position close the mainline station and the Arndale shopping centre with all units currently being tenanted, producing an annual income of £83,760, for sale by Public Auction on Wednesday 22nd October 2025
- * The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 22nd October 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register
Description
This substantial freehold building in a prime central location offers nine studio flats and one one-bedroom apartment, all currently tenanted and producing an annual income of £83,760. The property, which was renovated and extended in 2023, features generous-sized en-suite studios with living/bedroom areas, kitchenettes, and laundry facilities, as well as a self-contained one-bedroom basement apartment. The property has a fully licensed HMO license and each studio and the basement apartment are independently metered for utilities, payable by the tenants. The property also has a privately gated parking area for several vehicles and is located close to the mainline station and the Arndale shopping centre. The property will be sold by public auction on October 22nd, 2025, and interested parties can register for telephone/proxy/internet bidding online from October 13th, 2025.