About This Listing
Are you looking for a substantial and lucrative freehold investment opportunity in Bedfordshire? We proudly present a modern block of flats for sale on Kingsway Link, Bedford, MK42, priced at £8,950,000.
Furthermore, comprising 47 high-specification apartments, this exceptional property currently produces an annual rental income of £605,520, with a fully let potential of £647,220 per annum. Consequently, it presents an outstanding portfolio acquisition for professional investors seeking secure, immediate returns.
Key Features of this Block of Flats for Sale
- Freehold investment opportunity comprising a modern block of 47 apartments
- Mix of 1 studio, 13 one-bedroom, and 33 two-bedroom high-spec units
- Currently producing £605,520 per annum with all flats let on ASTs
- Spacious accommodation arranged over 5 floors with convenient lift access
- Marketed by Compass Elevation, Bedford with high specification finishes throughout
- Prime location close to the town centre and 10 minutes from the station
Detailed Property Overview and Accommodation
Converted approximately five years ago, the building features contemporary interiors designed to attract high-quality tenants. The accommodation spans five well-maintained levels served by a passenger lift. Additionally, the asset mix provides excellent rental flexibility.
Moreover, the strong rental figures reflect the exceptional demand in this popular location. Furthermore, this block of flats for sale offers fantastic connectivity, featuring fast train links to St Pancras in just 38 minutes.
Location, Transport Links, and Investment Appeal
Positioned on Kingsway Link in MK42, this investment ensures fantastic long-term value, excellent tenant retention, and proximity to local town centre amenities.
For more details or to discuss this exclusive opportunity further, please contact our Bedford office. You can also visit our main property page or review the UK Government home buying guide. Hence, reach out to our team today to secure this prime asset!
