2-bedroom flat · MK40 1AT
For saleListed 14 days
Opportunity summary
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About
Situated just a stone’s throw from Bedford’s picturesque Embankment, this immaculately presented two-bedroom first-floor apartment offers stylish and contemporary living in a highly desirable location.
The well-designed accommodation is centred around an impressive open-plan kitchen and living area, creating a bright and sociable space ideal for both relaxing and entertaining.
The living area benefits from large windows, allowing an abundance of natural light to flood the room and creating a light and airy feel throughout.
The contemporary kitchen is fitted with a quality range of wall and base units, complemented by integrated appliances, ample work surface space and modern finishes.
There are two well-proportioned bedrooms, with the principal bedroom further benefiting from its own en-suite shower room, while a separate bathroom serves the remainder of the accommodation.
The development further benefits from a secure entry system, lift access to all floors and a dedicated bicycle store.
Pilgrims House enjoys an enviable position within Riverside Square, a popular and vibrant development situated close to the heart of Bedford.
The immediate area offers a fantastic selection of restaurants, public houses and leisure facilities, providing plenty of choice right on the doorstep.
The picturesque Castle Quarter is within easy walking distance and offers a variety of independent cafés, restaurants, bars and shops, whilst both Russell Park and the beautiful Bedford Embankment are also close by, providing excellent opportunities for walking, cycling and enjoying the open green spaces alongside the River Great Ouse.
For commuters, Bedford mainline railway station is approximately 0.5 miles away, offering regular services to London St Pancras International, with journey times of around 47 minutes.
The town centre is also within easy walking distance and provides an extensive range of high street and independent shops, cafés, restaurants and everyday amenities.
Tenure: Leasehold Length of lease: 120 years Service Charge: £2472 per annum Ground Rent: £0 per annum EPC: B Council Tax: C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 10 Pilgrims House, Horne Lane, Bedford
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