House For Sale £250,000
Bedford, Bedfordshire MK40

A freehold property comprising two self contained apartments each with two bedrooms, let generating £22,500 per annum, well located close to the Riverside Lawn Tennis Club and approximately one mile from Bedford Town Centre.

The house comprises a ground floor and first floor apartment both with accommodation comprising an entrance hall, sitting room, kitchen, two bedrooms and a family bathroom. There is access from the first floor to the boarded loft, with windows, which could also possibly be converted to provide further accommodation. To the front and rear of the apartments are courtyard style garden areas with the rear space being accessed from the sitting room of the ground floor apartment. At present there is free off road parking on land, approximately 80 metres from the property along with some free street parking.

At present both apartments are tenanted, providing an annual rental income of £1,875 per month, £22,500 per annum.

Tenure:
Freehold

Accommodation:
Ground Floor Apartment:
Entrance hall, sitting/dining room, two bedrooms, kitchen and a family bathroom.

First Floor Apartment:
Entrance hall, sitting/dining room, two bedrooms, kitchen and a family bathroom.

Exterior:
To the front is a walled courtyard style garden with a rear courtyard style garden accessed from the ground floor apartment.

Tenancy:
The ground floor apartment is subject to an Assured Shorthold Tenancy producing £900 per calendar month.
The first floor apartment is subject to an Assured Shorthold Tenancy producing £975 per calendar month.

Council Tax Band:
A

Viewings:
We will be holding open house viewings at the end of March. As soon as the dates and times have been set we will let everyone know who has registered for the legal pack via e-mail and they will also be published on our website.

* The auction is being held at the Delta Marriott Hotel Timbold Drive, Milton Keynes MK7 6HL on Wednesday 17th April 2024 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 8th April 2024 by following the link below and clicking on the blue box “Register to Bid”: *

EPC Rating:
C & C

VAT:
VAT is not applicable

Sellers Solicitor:
Hannah Solicitors
Ref: Toqeer Masud
16 High Street, Rushden, NN10 0PR
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Local Authority:
Bedford Borough Council -[use Contact Agent Button]

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT.