Guide price
£500,000
Studio for saleMidland Road, Bedford, Bedfordshire MK40
Just added
Auction
About this property
Mixed-Use Freehold For Sale – Vacant Possession – Development Potential (STPP)
Midland Road, Bedford
Prominent corner property close to Bedford town centre comprising:
• Ground Floor Commercial Unit (Use Class E(a)) gia x sq ft
• First Floor 4-Bedroom Flat (Use Class C3) gia x sq ft
• 23 ft frontage onto Midland Road
• Integral garage
• Gated rear access
• Off-street parking for 2 cars
• In need of some upgrading
• Freehold with vacant possession
Previously used as a chiropractor clinic, the commercial unit benefits from strong roadside presence. The upper parts provide spacious four-bedroom accommodation.
Located within easy reach of Bedford Railway Station, offering direct rail connections.
Planning pre-application discussions in 2023 were positive regarding potential reconfiguration of the building, including alternative residential layouts (subject to full planning consent).
Ideal for owner-occupiers, investors or developers seeking a value-add opportunity.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.
Midland Road, Bedford
Prominent corner property close to Bedford town centre comprising:
• Ground Floor Commercial Unit (Use Class E(a)) gia x sq ft
• First Floor 4-Bedroom Flat (Use Class C3) gia x sq ft
• 23 ft frontage onto Midland Road
• Integral garage
• Gated rear access
• Off-street parking for 2 cars
• In need of some upgrading
• Freehold with vacant possession
Previously used as a chiropractor clinic, the commercial unit benefits from strong roadside presence. The upper parts provide spacious four-bedroom accommodation.
Located within easy reach of Bedford Railway Station, offering direct rail connections.
Planning pre-application discussions in 2023 were positive regarding potential reconfiguration of the building, including alternative residential layouts (subject to full planning consent).
Ideal for owner-occupiers, investors or developers seeking a value-add opportunity.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.
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Monthly repayment
£2,501 per month
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