Summary - ST MARYS CHURCH, ST MARYS STREET MK42 0AS
10 bed 10 bath Apartment
**Key Features:**
- Block of 10 well-maintained apartments with a commercial post office on the ground floor.
- Current annual rental income exceeding £90,000.
- Potential to convert an additional building into 3 more apartments.
- Prime location within walking distance to Bedford Town Centre and the train station.
- Recently renewed HMO license for the entire block.
- Freehold tenure, offering stability and control as an investor.
This outstanding investment opportunity presents a block of 10 apartments atop a commercial post office, strategically located on St. Mary's Street in Bedford. With a current income of over £90,000 per year, this property not only provides immediate financial benefits but also boasts the potential for significant future growth. The ability to convert an adjoining building into up to 3 additional apartments enhances its appeal for savvy investors looking to capitalize on the local rental market.
The property features a modern, open-plan living dining area with high ceilings and bright wood flooring, ensuring a comfortable and inviting atmosphere for tenants. The proximity to Bedford Town Centre, local amenities, and reliable transport links make this property ideal for families and professionals alike. Though the surrounding area does register a higher crime rate and the neighborhood is categorized as deprived, the affordable council tax rates and vibrant community amenities provide a unique blend of urban living.
This is a fantastic chance to secure a lucrative investment in a growing urban area. Don’t miss out on the potential to expand your portfolio—properties like this do not stay on the market for long!
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