Summary - HILLSTONE GRANGE 3 SHAKESPEARE ROAD BEDFORD MK40 2UJ
1 bed 1 bath Apartment
Compact city flat with parking and communal garden, ideal for cash buyers or investors.
Allocated off-street parking space within walled car park
Ground-floor flat with communal garden outlooks
Leasehold with only 58 years remaining — lenders may refuse
Service charge c. £1,000 per year
Auction sale on 22 October 2025; cash or specialist finance likely needed
Freeholder quotes lease extension costs in legal pack
EPC C and Council Tax Band A — modest running costs
Local area: student-focused, higher crime, and some deprivation
A compact one-bedroom ground-floor flat in a small purpose-built block, offered for sale by public auction. The living room and kitchen overlook a tidy communal garden, and the apartment includes an allocated off-street parking space — useful features for a city-centre rental or a low-maintenance home.
Important practical details: the property is leasehold with 58 years remaining and a service charge of approximately £1,000 per annum. Mortgage lenders commonly refuse to lend on leases this short, so buyers should expect to fund purchase via cash or specialist lending. The freeholder has quoted lease-extension costs in the legal pack (30, 60 and 99-year options).
The flat is neutrally specified for its era (built 1983–1990) with double glazing and mains gas heating via room heaters. EPC rating C and Council Tax Band A are positives for running costs. Note the local area is classified as a cosmopolitan student neighbourhood with higher crime rates and pockets of deprivation — factors to weigh for resale or rental demand.
This lot will be sold at public auction on 22 October 2025; prospective buyers should review the legal pack for lease-extension costs, any disbursements, and the required £1,500 administration charge payable on completion. The property suits a cash investor, a buyer prepared to extend the lease, or someone seeking an affordable, compact flat close to the mainline station.
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