- Income generating licensed HMO +
- Motivated seller with no chain +
- Fantastic location for tenants +
- Tenants in situ +
- Easy to reconfigure for a sixth bedroom +
- Walking distance to train station +
- Well maintained reducing the need for immediate investment +
- Gas Central Heating +
This substantial property is set up as a FIVE bedroom HMO (House in Multiple Occupation). The floorplan of the property has been carefully designed to house multiple occupants whilst the flexible and versatile layout allows for easy additions of en-suites in some of the bedrooms to increase the potential revenue. This well presented property is located within walking distance to the town centre and mainline train station providing potential buyers with a range of options.
The property is being sold with tenants in situ which presents a lucrative investment as the property is already licenced and priced to sell.
Split over two floors the property briefly comprises of five spacious double bedrooms, kitchen/dining room, fully equipped kitchen, two separate shower rooms (one on each floor) and a rear enclosed garden. There is scope to create a sixth HMO room to maximise the rental income.
Further benefits include mains gas boiler and radiator heating system and NO UPPER CHAIN with a motivated seller. The property has been well maintained by the current owner meaning any new buyer will not need to invest in repairs or renovations immediately and will benefit from a strong return of investment.
The property is located in Bedford town centre and close to numerous local amenities, eateries, cafes, public houses and much more! A short walk will bring you to the picturesque Embankment. Well situated for commuters who wish to use the mainline train and bus stations. The train station has regular trains into London in less than an hour.
Whether you are looking for reliable rental income or a future residential conversion project, this adaptable property offers both options and should not be missed!
Room measurements:
Room 1
3.49m x 3.46m
Room 2
3.86m x 3.57m
Room 3
5.32m x 3.51m
Room 4
3.79m x 3.52m
Room 5
3.87m x 2.78m
Room 6
3.46m x 2.78m
Council Tax Band: C (Bedford Borough Council)
Tenure: Freehold