3-bedroom flat · MK40 3PE
For saleListed 132 days
Opportunity summary
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About
A Victorian converted two/three bedroom first floor apartment, situated in one of Bedford's premier locations, overlooking the famed Embankment of the River Great Ouse and within walking distance of the town centre.
The property originally dates from the late 1800s and the apartment is accessed by a staircase from the ground floor.
It occupies the entire front of the building and enjoys riverside views from the feature sash bay windows in the sitting room and the dining room/bedroom three.
The accommodation is accessed off a quarry tiled entrance hall which is shared with the ground floor apartment. A full turn staircase leads to the landing area with a built-in storage cupboard.
The 1,295 sq. ft. of accommodation includes a central hallway with high ceilings detailed with moulded cornices which continue throughout the apartment.
There are moulded dado rails and an airing cupboard housing the hot water cylinder.
Leading off are the two reception rooms, a refitted kitchen/breakfast room, two/three bedrooms and a four piece family bathroom.
There are annual service charges of £1,700 payable to Shires Estate Management Services with 998 years remaining on the lease.
Reception Rooms The sitting room and dining room have original moulded cornicing and are similar in size, measuring over 21 ft. by over 15 ft.
Situated at the front, both rooms feature bay windows that enjoy far-reaching views over The Embankment of the River Great Ouse.
Both rooms also have decorative fireplaces; the Adam style example in the sitting room houses a Living Flame gas fire and the fireplace in the dining rooms is Victorian cast iron with an open grate, in keeping with the building.
The dining room could also be used as a further bedroom if required.
Kitchen/Breakfast Room The kitchen/breakfast room has been recently refitted in a range of coloured Shaker style cabinets with lighting beneath the wall cupboards and complementary worksurfaces incorporating a breakfast bar area and an inset sink unit.
Integrated appliances include an electric oven, a hob with an extractor over, a dishwasher and a fridge/freezer with space and plumbing for a washing machine. A cupboard houses the gas fired boiler.
There is exposed wood effect flooring and a window overlooks the side.
Situation and Schooling The apartment is situated on The Embankment, a conservation area with landscaped gardens overlooking the River Great Ouse.
It is just a few minutes' walk from Russell Park and Bedford town centre. Bedford railway station, with services to London St.
Pancras in 35 minutes, is approximately 1 mile away and the independent Harpur Trust Schools are also in Bedford.
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
Agent & docs
FAQ
About The Embankment, Bedford, Bedfordshire, MK40
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