2-bedroom flat · MK40 3QW
For saleReduced £10k (−3.8%) on 21 JunListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying one of the town's most popular tree lined avenues, this converted top floor apartment has been much improved and updated in recent years.
There is a spacious living room and kitchen with a bay window and a delightful aspect down the avenue. The kitchen is well equipped with built-in appliances.
There is a well proportioned double bedroom with fitted wardrobes and a further single bedroom or study. The bathroom has recently been refurbished.
We understand that the property is held on a long lease and that a share of the freehold will be conveyed with the sale.
The apartment lies close to Bedford's picturesque Embankment and within a short stroll of the independent coffee shops, delis and restaurants on the thriving Castle Road.
The property is available with no onward chain.
Council Tax Band: A EPC Rating: E The property is held on 215 year lease which commenced in March 1975, leaving approximately 164 years of unexpired term.
The current annual service/maintenance charge amounts to in the region of £1,000.
A share of the freehold will be conveyed with the sale with the new owner becoming a shareholder in the limited company which owns the freehold.
The kitchen features an integrated oven & hob, fridge/freezer and dishwasher. There is plumbing and space for a washing machine in the bathroom cupboard.
The windows to the front are uPVC double glazed whilst the original sash units also feature double glazed sealed units.
Annual residents parking permits can be purchased allowing vehicles to be parked anywhere in Bushmead Avenue and Zone E of the Controlled Parking Zone.
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, 54, Bushmead Avenue, Bedford
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