Taylor Land are delighted to offer for sale the freehold interest/ground rent investment of 95 flats in De Montfort Place and a further 19 apartments in Haymarket Rise. The apartments were completed between 2017 and 2022 located in the tree lined streets of Warwick Avenue and Lansdowne Road on the outskirts of Bedford Town Centre.
Each apartment boasts a long lease until 2267 and together they're currently generating an income circa £23,000 per annum with predetermined rent reviews. We feel there is the potential for further development of accommodation in the roofs of the various freehold blocks being offered.
De Montfort Place is well positioned for Bedford Town's many amenities including a diverse selection of shops, cafes, pubs, bars, and restaurants. This rarely available investment opportunity will produce a lucrative income for a discerning investor or asset management company in a location where the rental demand is soaring.
Further information is available upon request, including a lease schedule.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Taylor Made - Bedford. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Taylor Made - Bedford for full details and further information.