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Houghton Road, Bedford

Key features

  • Sold with tenants in situ - immediate income, zero void period
  • Gross yield of 6.5%, at the top of the local MK42 range
  • Freehold - no ground rent, service charge or lease to manage
  • Three-bedroom end terrace, a configuration in strong demand from family tenants
  • Fast commuter links to London St Pancras (approx. 40 minutes via Thameslink)
  • Located in a Bedford postcode showing continued house price growth

Description

INVESTMENT OPPORTUNITY — THREE BEDROOM END TERRACE, SOLD WITH TENANTS IN SITU | ASKING PRICE £330,000

An excellent opportunity for the investor market, this three-bedroom end terrace house is offered for sale with the current tenants in situ, providing a purchaser with immediate rental income from the day of completion, no marketing period, no refurbishment, and no void to plan around.

Located on Houghton Road in Bedford's MK42 postcode, the property is currently let at £1,800 per calendar month and is offered freehold, with no ground rent, service charge or lease to manage. The end terrace configuration offers more space and privacy than a typical mid-terrace, a layout consistently in demand among family tenants.

Bedford continues to attract strong tenant demand thanks to its position within the London commuter belt, with Thameslink services from Bedford station reaching London St Pancras in around 40 minutes. Based on the current rent roll, the property reflects a gross yield of 6.5% on the asking price, comfortably at the top of the typical 5–7% range reported across MK42, with an estimated net yield of approximately 5.6% after allowing for management, insurance and maintenance costs.

Bedford MK42 has also seen continued house price growth in recent periods, supporting the case for capital appreciation alongside a strong income return.
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Houghton Road, Bedford

Approximate location

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Affordability

Monthly repayments£1,655
Property: £ 330,000
Deposit: £ 33,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

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Disclaimer - Property reference houghton-road. 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 Pure, Manchester. 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.