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Chaucer Road, Bedford, MK40 2 bed flat for sale
Chaucer Road, Bedford, MK40
£215,000
Chaucer Road, Bedford, MK40
£215,000
Our Summary
- The project is expected to open by 2031, subject to planning consents
- A property like this, already refurbished, with positive tenant cashflow, is well placed to benefit from that uplift
Description
This property investment in Bedford offers a 6.55% gross yield, with a long-term tenant in situ, ensuring income stability from day one. The property benefits from a share of freehold ownership, reducing the risk of escalating ground rents and service charges. The location is set to benefit from the upcoming Universal Studios theme park and resort, which is expected to bring significant demand for housing in the area, improved transport infrastructure, and potential capital growth. The property's top-floor aspect and allocated parking add to its appeal, making it an attractive investment opportunity. With the project's expected completion by 2031, this property is well-positioned to benefit from the transformative development, offering a stable income stream and potential for long-term growth.