2 bedroom Flat For Sale

Chaucer Road, Bedford, MK40

£215,000 | For Sale

2 Bedrooms
1 Bathrooms
1 Receptions

Bedford

93 Tavistock Street, 
Bedford, 
MK20 2RR, 
Standout Features

Property Description

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

      Why This Matters for Investors in This Property
      • 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.

EPC rating: C. Council tax band: A, Tenure: Share of freehold,

Additional Information
Tenure:
Share of Freehold
Council Tax Band:
A

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Chaucer Road, Bedford, MK40

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