Tavistock Street, Bedford

Property overview

• PERFECT FOR INVESTORS - TENANT IN-SITU
• CURRENT RENT OF £650 pcm
• BRAND NEW 125 YEAR LEASE
• RECENTLY DECORATED
• CLOSE TO MAINLINE RAILWAY STATION
• ON ROAD PARKING
• NO UPWARD CHAIN
• CENTRAL LOCATION
• KITCHEN/LIVING AREA
• DOUBLE BEDROOM WITH STORAGE CUPBOARD

Property description

**ATTENTION INVESTORS** **A WELL PRESENTED ONE BEDROOM FIRST FLOOR FLAT IN A CENTRAL LOCATION & WITHIN WALKING DISTANCE TO BEDFORD MAINLINE RAILWAY STATION** **TENANT CURRENTLY IN-SITU**
A rare opportunity to purchase this well presented one bedroom, first floor flat situated in a good central location and within walking distance to the mainline railway station. The flat is accessed from a rear staircase and is one of only 7 flats within this block.
Presented in decent order throughout and newly decorated with a fitted kitchen/living room which includes an integrated oven, hob & extractor, low level fridge and washing machine, a modern fitted shower room and a double bedroom to the front aspect. Parking is ‘on road’ and in close proximity to the property.
From an investor’s perspective this flat currently has a tenant in-situ and achieves £550.00 pcm which offers a healthy 7% gross yield. This property further benefits from a brand new 125 year lease, an electric wet system to radiator central heating, mega flow water system, fitted kitchen with integrated oven, hob and extractor, modern shower room and has just been redecorated throughout. The property is also offered for sale with no upward chain and an internal inspection is strongly advised.
PROPERTY SPECIFICS:
LEASE TERM – 125 Years (New Lease)
GROUND RENT – £175.00 Per Annum
SERVICE CHARGE – £500.00 Per Annum
TENANT IN-SITU – £550.00 Rent Per Month
LOCATION:
The property is situated approximately ¼ mile to the West of Bedford town centre, and local shops for day-to-day necessities are within easy walking distance as is Bedford town centre for extensive shopping facilities. The mainline railway station is within walking distance and offers fast & frequent commuter links to London & the North. Excellent road links are available; mainly the A428 to N’hampton and access to the A1M, M1 Junction 13 and the A6 trunk road can be sourced via the Bedford southern bypass. The 60-acre Victorian Bedford Park & Robinson Indoor Swimming pool/Gymnasium are a stone’s throw away for leisure activities.
DISCLAIMER:
Compass Elevation for themselves and for the vendors of the property, whose agents they are given notice that: (a) these particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (b) no person in the employment of Compass Elevation has any authority to make or give any representation or warranty whatsoever in relation to the property. These details are presented Subject to Contract and Without Prejudice as of MARCH 2024.