2-bedroom flat · MK42 9NW
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second-floor two-bedroom purpose-built apartment offered for sale with no onward chain.
In brief, the accommodation comprises a communal entrance hall, entrance door, inner hallway, lounge, kitchen, two bedrooms, bathroom and parking.
We have been advised by the current owner that the apartment has 116 years left on the lease, the ground rent is £175 per annum, with an annual service charge of approx £1,100.
All figures should be checked and verified before you submit an offer. Redwood Grove is located off Elstow Road on the south side of the town centre.
It is a complex comprising one- and two-bedroomed apartments, with a small number of houses. The area is well served by several amenities, with the hospital, town centre, and train station close by.
Communal Entrance Hallway Lounge With A Dining Area 16' 2'' x 11' 6'' (4.95m x 3.51m) Kitchen 8' 0'' x 6' 0'' (2.45m x 1.85m) Bedroom One 15' 5'' x 9' 2'' (4.71m x 2.8m) Bedroom Two 8' 7'' x 7' 4'' (2.65m x 2.25m) Bathroom Apartment Entrance Parking
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
FAQ
About Redwood Grove, Bedford, MK42 9NW
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