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Bedford Property Blog : Lot of money for a 1 bedroom apartment £140,000 !!!!! Look again

As an Agent its crucial that attention to detail is an integral part of what you do. This proper...

As an Agent its crucial that attention to detail is an integral part of what you do.

This property has been listed since February 2015 !! Why is that?

On investigation Victorian style conversions are very popular and this location is close to Bedford Town Centre and the railway station. The property itself appears to be in good condition and rental wise , you could look at achieving minimum £650 per calendar month. A return of around 5.5 %

 Another local agent has been listing this on Rightmove :

 So looking at this there are two reasons this is still on the market

  1.  Is obvious , as a buyer if you were to carry out a search for a 2 bedroom apartment as this is listed as one bedroom, it may not come up !!!!!
  2. What is the length of lease , less than 80 years anyone who isn’t a cash buyer wouldn’t be interested. What advice as the vendor have you been given ?

 Want to discuss pop in and see us or give me a call 01234 290685 ,…………………..

 

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