Summary - Conduit Road, Bedford, Bedfordshire, MK40 MK40 1FD
2 bed 1 bath Apartment
75% share with restaurant, gym, gardens and no onward chain.
75% shared ownership at £160,000
Purpose-built over-55s scheme with lift access
Second-floor flat with full-height lounge windows
Wet room with level-access shower and grab rails
Monthly charge £488.07 covers rent, service and utilities
112 years remaining on the lease (leasehold)
Extensive communal facilities including restaurant and gym
Local area: very high crime and very deprived
A well-presented two-bedroom retirement flat offered as a 75% shared ownership in a purpose-built over-55s scheme close to Bedford town centre. Set on the second floor with lift access, the apartment has full-height lounge windows, a fitted gloss kitchen, a main bedroom with built-in wardrobe, a second bedroom and a level-access wet room with grab rails — practical for accessible living.
The development provides extensive communal facilities: restaurant, coffee lounge, cinema, gym, hairdressers, assisted-bathing, laundry, guest suite and landscaped gardens including a sensory and activity garden. The monthly charge of £488.07 covers rent, service charge, water, heating, care and ground rent, simplifying outgoings but meaning ongoing monthly payments in addition to the shared ownership purchase.
Important practical points for buyers: this is a leasehold property with 112 years remaining and a 75% share offered at £160,000 (Orbit retains 25%). The scheme is chain-free and designed for residents over 55. Broadband and mobile signal are strong, and the flat benefits from gas radiators and double glazing.
Be aware of local context: the area is classified as very deprived and crime levels are recorded as very high. Prospective buyers should factor local social and safety conditions into their decision and carry out independent checks. The apartment suits someone seeking low-maintenance, community-focused retirement living rather than a buy-to-let or long-term capital-growth investment.
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