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2 bedroom apartment for sale
Chaucer Road, Bedford
£160,000
Chaucer Road, Bedford
£160,000
Our Summary
- An ideal first time or investment opportunity to purchase this two bedroom, split level, second floor apartment located in this popular area of Bedford
- As an investment opportunity, the property has a monthly rental income of £1050 per calendar month
Description
This two-bedroom, split-level apartment is a fantastic opportunity for first-time buyers or investors. Located in a popular area of Bedford, it's within walking distance to the town center and main railway station, offering easy access to Luton and London. The property features an entrance hall, kitchen/living room, double master bedroom with balcony, single bedroom, and shower room. As an investment opportunity, it generates a monthly rental income of £1050, providing a gross yield of 7.8%. With 118 years remaining on the lease and a service charge of £171 per month, this property offers a solid investment opportunity. The apartment is situated in a convenient location, close to shops, bars, and restaurants, and has excellent transport links to London and other surrounding areas.