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See how verdicts work1-bedroom flat · MK42 0RL
Sold STCListed 442 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented 1 bedroom 2nd floor apartment being offered for sale with no upward chain within Homebrook House which offers accommodation to residents over 55 years old.
The property comprises an entrance hall, a spacious lounge which leads through to a newly fitted modern kitchen, a good size double bedroom with fitted wardrobes and a recently fitted modern shower room.
Homebrook house offers the residents a warden, a laundry room with ample washing machines & tumble dryers, a communal lounge with kitchen facilities, waste disposal room and a stay over site for guests.
Externally there are well maintained communal gardens and parking for residents.
Entrance Hall - Lounge/Diner - 4.78m x 3.71m (15'8 x 12'2) - Kitchen - 2.24m x 1.65m (7'4 x 5'5) - Bedroom - 3.96m x 2.64m (13' x 8'8) - Bathroom - Communal Garden - Residents Parking - Lease Details - Lease - 98 Years Remaining Service Charge - £1727.06 per annum (approximately) Ground Rent - £440 per annum Bedford - Bedford town centre offers excellent retail, dining outlets and leisure facilities to include Robinson Pool and various gyms.
The Embankment is a short walk away as well as the new Riverside development offering restaurants, bars and a cinema.
The train station, located just outside of the town centre, has fantastic transport links into Luton in 20 minutes and London St Pancras in under 40 minutes.
The road links from Bedford also serve commuters well with direct access to the A421, A428, the M1 motorway juncs 13 & 14.
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 Homebrook House, Cardington Road, Bedford
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