
Chaucer Road, Bedford, MK40

- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Attractive 6.55% gross yield
- Long-term tenant in situ
- Share of Freehold
- Beautifully refurbished
- Prime location
- Strong future growth potential
Description
Key Investment Highlights:
Income / Yield:
Rental income: £1,200 per calendar month → £14,400 per year
Purchase price: £220,000
Gross yield: ≈ 6.55% (before operating costs, maintenance, and other landlord outgoings)
Tenancy & Freehold:
Long-term tenant in situ, offering income stability from day one.
Share of freehold ownership, reducing certain leasehold risks and potentially lowering future ground rent / service charge concerns.
Parking & Location:
Allocated parking for one vehicle adds to tenant appeal.
Top-floor aspect often in higher demand
Area & Growth Potential — Universal Studios Effect
Bedford is on the cusp of a transformational development: Universal Destinations & Experiences has chosen Bedford for its first European theme park and resort, to be built on the former Kempston Hardwick brickworks. universalukproject.co.uk+4The Guardian+4universal-bedford.co.uk+4
Key facts about this development:
The project is expected to open by 2031, subject to planning consents. universal-bedford.co.uk+3GOV.UK+3The Standard+3
It will include a large theme park, a 500-room hotel, extensive retail, dining, and entertainment facilities. universalstudiosresort.co.uk+2The Independent+2
Estimated visitor numbers in the first year are 8.5 million. The Guardian+1
It is projected to generate ~£50 billion economic benefit over time, and create around 28,000 jobs (during construction & once operational) in hospitality, creative, and supporting sectors. universalukproject.co.uk+3GOV.UK+3universal-bedford.co.uk+3
Infrastructure improvements are planned or under review, including expansion of local rail-stations (e.g. Wixams), direct slip roads from the A421, better road access, etc. universal-bedford.co.uk+1
Why This Matters for Investors in This Property
Demand Drivers: With the Universal theme-park resort coming, demand for housing in nearby areas is likely to increase significantly — from workers, hospitality staff, tourism-linked roles, plus ancillary services. Strong demand supports stable or rising rents.
Transport & Infrastructure Improvements: Road, rail and station upgrades will improve connectivity, boosting the appeal of apartments in Bedford for commuters, visitors, and workers.
Capital Growth Potential: Major investment at this scale tends to lift property values over time, especially in well-located, accessible areas. A property like this, already refurbished, with positive tenant cashflow, is well placed to benefit from that uplift.
Risk Mitigation: Share of freehold helps reduce uncertainty over escalating ground rents / service charges. Long-term tenancy ensures steady income during the period leading up to and during Universal’s build-out phase.
Communal Entrance
Secure entry system provides access to the communal hallway leading to the apartment
Landing
Mezzanine space with access to all accommodation
Lounge/Diner
16'6" x 14'6" (5.03m x 4.42m)
A spacious and light-filled reception room featuring vaulted ceilings and a large sash window overlooking the attractive tree-lined street. Perfect for relaxing or entertaining
Kitchen
10'4" x 6'3" (3.15m x 1.9m)
A modern fitted kitchen offering a range of stylish wall and base units with complementary tiling and ample space for appliances, including a fridge/freezer. Velux window to the side provides natural light
Bedroom 1
13'9" x 9'9" (4.19m x 2.97m)
A generously sized double bedroom with double glazed window overlooking the rear aspect
Bedroom 2
10'0" x 5'10" (3.05m x 1.78m)
A single bedroom with window to the front—ideal as a guest room, home office or nursery
Bathroom
10'11" x 5'10" (3.33m x 1.78m)
Contemporary three-piece bathroom suite comprising a panelled bath with shower over, WC, and vanity wash hand basin. Finished to a high standard with stylish fittings and tiling
Outside
The property includes allocated off-street parking for one vehicle
Disclaimer
Every care has been taken with the preparation of these particulars, but they are for general guidance only and complete accuracy cannot be guaranteed. If there is any point, which is of particular importance please ask or professional verification should be sought. All dimensions are approximate. The mention of fixtures, fittings and/or appliances does not imply they are in full efficient working order. Photographs are provided for general information and it cannot be inferred that any item shown is included in the sale. These particulars do not constitute a contract or part of a contract
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Chaucer Road, Bedford, MK40
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Visit our security centre to find out moreDisclaimer - Property reference P6968. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir, Bedford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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