FOR SALE – Freehold Residential Investment

FOR SALE – Freehold Residential Investment Opportunity With Potential To Increase Income

Bedford Town Centre approx. 11.2 miles Milton Keynes Centre approx. 7.6 miles Good Access to A421 Bedford Bypass and M1 (J13) approx. 5.1 miles Bedford Railway Station approx. 10.2 miles Milton Keynes Railway Station approx. 8.6 miles Large Plot, Detached Bungalow, Single Storey Detached Annex Providing 2 Self Contained Apartments, Detached Single Garage, Oil Fired Central Heating 8 On Site Parking Spaces

Four Winds Bungalow, College Road, Wharley End, Cranfield, Bedford, MK43 0AH

Freehold: Offer in the region of £650,000 exclusive

Specification

Location

• Freehold Investment Opportunity • Also suitable as a family home and annexe • Large Plot • Detached Bungalow with 5 letting rooms and

• Located

on College Road at Wharley End Cranfield • The property is situated approx. 5.1 miles from J13 of the M1, 7.6 miles from Centre Milton Keynes and 8.6 miles to Milton Keynes Railway Station

Description • The

property comprises of a detached bungalow which has been extended to include some first floor accommodation in addition to which a more recent single storey detached annexe has been built to provide two self contained apartments • A detached single storey garage completes the buildings

Misrepresentations Act:

Description • The

property is currently being used as a HMO, principally for students from Cranfield University • The main accommodation provides 5 letting rooms, one of which has en-suite facilities • There are two shower rooms with WC's and a separate WC • An open plan and well fitted kitchen/dining room and lounge area completes the main ground floor of the bungalow • In addition there is a two storey self contained one bedroom maisonette • Oil fired boiler to a radiator heating system • The site has a private sewerage and foul water system • The property currently produces a gross annual income of £56,640 exclusive • We believe this figure can be increased. The approx. net income is presently £32,500 per annum exclusive • Information on running costs is available on request

Kirkby Diamond LLP for themselves and for the vendors, whose agents they are, give notice that these particulars are set out as a general guide only and do not constitute any part of any offer or contract. All descriptions, dimensions, reference to condition and the necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but interested parties should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Kirkby Diamond LLP has any authority to make or give any representation or warranty whatever in relation to this property. Kirkby Diamond LLP (Registration No OC420194) is authorised and regulated by the Royal Institution of Chartered Surveyors. Kirkby Diamond is a trading name of Kirkby Diamond LLP.

self contained maisionette • Single Storey Detached Annex • Detached Single Garage • Oil Fired Central Heating • Double Glazed Windows & Doors • EPC Rating - TBA

a

Terms • Freehold:

Offers in the region of £650,000

exclusive TBA

• VAT:

Council Tax Banding • Band

F: Reference No. 11237001500

Interested parties are advised to make their own enquiries.

Viewing Andrew Clarke 01234 905130 [email protected] Nathan George 01234 905134 [email protected]

Misrepresentations Act: Kirkby Diamond LLP for themselves and for the vendors, whose agents they are, give notice that these particulars are set out as a general guide only and do not constitute any part of any offer or contract. All descriptions, dimensions, reference to condition and the necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but interested parties should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Kirkby Diamond LLP has any authority to make or give any representation or warranty whatever in relation to this property. Kirkby Diamond LLP (Registration No OC420194) is authorised and regulated by the Royal Institution of Chartered Surveyors. Kirkby Diamond is a trading name of Kirkby Diamond LLP.