Elstow Road, Bedford
£600,000
7 bedroom terraced house for sale
Originally serving as a post office, this property has been skilfully converted into a well-appointed House in Multiple Occupation (HMO). Located in South Bedford, the ground floor features an inviting entrance hall, a spacious lounge/diner, a functional kitchen, a utility room, a cloakroom, a recently refitted shower room, and three comfortable double bedrooms. The first floor offers an additional four double bedrooms along with a bathroom, making it an ideal living space for multiple tenants.
Outside, you'll find a charming rear courtyard, garage and free on street parking adding to the property's appeal. In our opinion this property is located within a short distance from the bus stops and train station.
With the potential to earn £650 per room each month, this investment could yield an impressive £54,600 annually, translating to a remarkable 9.1% return. This is a fantastic opportunity for investors, and viewing the property is highly recommended to fully appreciate its potential.
Tenure: Freehold
Garden details: Private Garden
Reference: RS0015
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.