2 bedroom Flat For Sale
Chaucer Road, Bedford, MK40
£215,000 | For Sale
Key Investment Highlights:
Income / Yield:
Rental income: £1,200 per calendar month → £14,400 per year
Purchase price: £220,000
Gross yield: ≈ 6.55% (before operating costs, maintenance, and other landlord outgoings)
Tenancy & Freehold:
Long-term tenant in situ, offering income stability from day one.
Share of freehold ownership, reducing certain leasehold risks and potentially lowering future ground rent / service charge concerns.
Parking & Location:
Allocated parking for one vehicle adds to tenant appeal.
Top-floor aspect often in higher demand
Area & Growth Potential — Universal Studios Effect
Bedford is on the cusp of a transformational development: Universal Destinations & Experiences has chosen Bedford for its first European theme park and resort, to be built on the former Kempston Hardwick brickworks. universalukproject.co.uk+4The Guardian+4universal-bedford.co.uk+4
Key facts about this development:
The project is expected to open by 2031, subject to planning consents. universal-bedford.co.uk+3GOV.UK+3The Standard+3
It will include a large theme park, a 500-room hotel, extensive retail, dining, and entertainment facilities. universalstudiosresort.co.uk+2The Independent+2
Estimated visitor numbers in the first year are 8.5 million. The Guardian+1
It is projected to generate ~£50 billion economic benefit over time, and create around 28,000 jobs (during construction & once operational) in hospitality, creative, and supporting sectors. universalukproject.co.uk+3GOV.UK+3universal-bedford.co.uk+3
Infrastructure improvements are planned or under review, including expansion of local rail-stations (e.g. Wixams), direct slip roads from the A421, better road access, etc. universal-bedford.co.uk+1
Demand Drivers: With the Universal theme-park resort coming, demand for housing in nearby areas is likely to increase significantly — from workers, hospitality staff, tourism-linked roles, plus ancillary services. Strong demand supports stable or rising rents.
Transport & Infrastructure Improvements: Road, rail and station upgrades will improve connectivity, boosting the appeal of apartments in Bedford for commuters, visitors, and workers.
Capital Growth Potential: Major investment at this scale tends to lift property values over time, especially in well-located, accessible areas. A property like this, already refurbished, with positive tenant cashflow, is well placed to benefit from that uplift.
Risk Mitigation: Share of freehold helps reduce uncertainty over escalating ground rents / service charges. Long-term tenancy ensures steady income during the period leading up to and during Universal’s build-out phase.
Secure entry system provides access to the communal hallway leading to the apartment
Mezzanine space with access to all accommodation
A spacious and light-filled reception room featuring vaulted ceilings and a large sash window overlooking the attractive tree-lined street. Perfect for relaxing or entertaining
A modern fitted kitchen offering a range of stylish wall and base units with complementary tiling and ample space for appliances, including a fridge/freezer. Velux window to the side provides natural light
A generously sized double bedroom with double glazed window overlooking the rear aspect
A single bedroom with window to the front—ideal as a guest room, home office or nursery
Contemporary three-piece bathroom suite comprising a panelled bath with shower over, WC, and vanity wash hand basin. Finished to a high standard with stylish fittings and tiling
The property includes allocated off-street parking for one vehicle
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate. The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract
| Tax Band | % | Taxable Sum | Tax |
|---|
Struggling to find a property? Get in touch and we'll help you find your ideal property.
