£475,000

5 bedroom detached house for sale

Croyland Drive, Elstow MK42
detached house detached house
bedrooms 5 bedrooms
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Property description

A rare opportunity to acquire a spacious 5-bedroom detached HMO on a generous corner plot, currently let to 4 professional tenants and generating immediate rental income. 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. Positioned on a large plot with ample off-street parking, this property is located in a high-demand rental area with strong long-term prospects.

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.

LOCATION: Abbeyfields is a well-established residential area in Bedford, known for its quiet streets, community feel, and convenient access to the town centre. The neighbourhood offers a variety of amenities including local shops, supermarkets, and schools, making it popular with families and professionals alike.

Transport links are excellent, with Bedford mainline railway station just a short drive or bus ride away, providing direct services to London and the Midlands. Major roadways such as the A6 and Bedford bypass are easily accessible, ideal for commuters.

Residents enjoy easy access to green spaces and leisure facilities, including nearby parks and the scenic River Great Ouse, offering peaceful walks and outdoor activities.

Abbeyfields benefits from a very strong rental market, with high demand for quality accommodation, particularly HMOs. Properties in this area enjoy consistent interest from professionals, students, and investors, ensuring that an HMO here would not be short of tenants.

TENURE:
Martin & Co for themselves, and for the vendors/owners of the property, whose agents they are, give 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 Martin & Co has any authority to make or give any representation or warranty whatsoever in relation to the property.
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First listed

Over a month ago

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Croyland Drive, Elstow MK42

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Martin & Co - Bedford 56 St Loyes Street Bedford, Bedfordshire MK40 1EZ
Call agent on 01234 671716
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Martin & Co - 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 Martin & Co - Bedford for full details and further information.
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