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Croyland Drive, Elstow MK42 5 bed detached house for sale
Croyland Drive, Elstow MK42
£475,000
Croyland Drive, Elstow MK42
£475,000
Our Summary
- The property features a partially converted garage, ready to be completed as a 6th en-suite bedroom, offering excellent potential to increase yield
- Planning permission has been granted for a 3-metre rear extension, providing scope to expand communal areas or enhance the layout further
- While structurally sound and income-producing, the property would benefit from redecoration and finishing works - an ideal project for an investor willing to add value through refurbishment
- With rental uplift potential across all rooms once improvements are made, this is a high-yield investment opportunity for any serious HMO landlord or portfolio builder
- Planning Permission Three-Metre Extension
- Scope to Increase Rent
Description
This rare opportunity presents a spacious 5-bedroom detached HMO on a generous corner plot, currently generating immediate rental income from 4 professional tenants. The property has a partially converted garage that can be completed as a 6th en-suite bedroom, offering potential to increase yield. Planning permission has been granted for a 3-metre rear extension, allowing for further expansion of communal areas or enhancements to the layout. Located in a high-demand rental area with strong long-term prospects, this property is structurally sound and income-producing, but would benefit from redecoration and finishing works. With rental uplift potential across all rooms once improvements are made, this is a high-yield investment opportunity for serious HMO landlords or portfolio builders. The property is situated in Abbeyfields, a well-established residential area in Bedford with excellent transport links, amenities, and green spaces, making it a popular choice for families and professionals.