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See how verdicts work2-bedroom flat · MK40 3AD
Sold STCReduced £5k (−2.9%) on 5 SepListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Converted from a substantial period building in a popular residential part of town, this ground floor flat has the added benefit of its own private entrance as well as French doors from the living room to a shared patio garden.
There are two bedrooms, a small but modern and well-equipped kitchen and a shower room with a replaced white suite.
Heating is by gas to radiators from a recently installed boiler and there are some sash windows. There are well-kept communal gardens all around and a car park to the rear with one allocated space.
Situated just to the north of Bedford, there is a useful Budgen's supermarket/post office just around the corner, a choice of coffee shops/restaurants along nearby Castle Road and the wider choice of shops in the town centre.
Bedford's mainline rail station is a short walk away and has fast links into London St Pancras.
Tenure: Leasehold - We understand that there are 150 years remaining on the lease and that the current service charge amounts to £1,300.00 per year with no ground rent payable. EER: Tbc
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Flat 5, 16, Kimbolton Avenue, Bedford
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