This property is no longer available
£290,000
Est. Mortgage £1,323 per month*

Studio flat for sale

Margetts Road, Bedford MK42
studio Flat studio Flat

Property description

We are pleased to offer for sale this investment opportunity comprising two self contained one bedroom flats together with the freehold interest in an adjoining block of four flats.The two flats are held under a single title and are identical in layout. Access is via a communal entrance hall, which provides entry to both the ground and first floor units. Each flat features an entrance hall, an open-plan kitchen/dining/living area, a double bedroom, and a shower room. Both properties benefit from gas central heating, double glazing, and are presented in excellent order throughout, being immediately suitable for letting.Adjoining the property is a separate block of four flats, the freehold of which is included within the sale. This block comprises four leasehold units, three with approximately 47 years unexpired, and one with approximately 145 years remaining.This sale, therefore, presents an attractive investment opportunity with both immediate rental income potential and long term asset management prospects.

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First listed

Over a month ago

Margetts Road, Bedford MK42

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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.

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