Block of flats for sale in 24 Campbell Road, Bedford, Bedfordshire MK40

For sale by auction on

Wednesday 17th April 2024 at 12:00 pm

Auction Venue: Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL

This is an in-room auction which will also be live-streamed with availability for internet, telephone and proxy bidding.

A freehold property comprising two self contained apartments each with two bedrooms, let generating £22,500 per annum, well located close to the Riverside Lawn Tennis Club and approximately one mile from Bedford Town Centre.

Description
The house comprises a ground floor and first floor apartment both with accommodation comprising an entrance hall, sitting room, kitchen, two bedrooms and a family bathroom. There is access from the first floor to the boarded loft, with windows, which could also possibly be converted to provide further accommodation. To the front and rear of the apartments are courtyard style garden areas with the rear space being accessed from the sitting room of the ground floor apartment. At present there is free off road parking on land, approximately 80 metres from the property along with some free street parking.

At present both apartments are tenanted, providing an annual rental income of £1,875 per month, £22,500 per annum.

Accommodation
Ground Floor Apartment:
Entrance hall, sitting/dining room, two bedrooms, kitchen and a family bathroom.
First Floor Apartment:
Entrance hall, sitting/dining room, two bedrooms, kitchen and a family bathroom.

Exterior
To the front is a walled courtyard style garden with a rear courtyard style garden accessed from the ground floor apartment.

Tenancy
The ground floor apartment is subject to an Assured Shorthold Tenancy producing £900 per calendar month.
The first floor apartment is subject to an Assured Shorthold Tenancy producing £975 per calendar month.

C & C

VAT
VAT is not applicable

Viewings
Please call Robinson & Hall Auctions on .

Buyers Premium
There is no Buyer's Premium payable on this lot.

Administration Charge
Purchasers will be required to pay an administration fee of £1,500 incl. VAT.