Shakespeare Road, Bedford
Sold Subject to Contract
1 bed | 1 bath | 1 reception | £130,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
- Modern apartment
- Lounge / diner
- Kitchen
- Bathroom
- Bedroom
- Allocated parking
- Close to amenities
- Leasehold
Lane and Holmes are pleased to offer for sale this well presented first floor apartment on the edge of Bedford's town centre.
The accommodation is approached via a communal entrance hall with secure entry system. Upon entering the flat, there is an internal hallway which provides access to the bedroom and bathroom, as well as the dual aspect lounge/diner. The property also offers a fitted kitchen and benefits from electric heating and an allocated parking space. The property is currently tenanted so this would make a good buy to let purchase.
Hilbre Grange is a development of apartments on the corner of Clapham Road and Shakespeare Road. The local area offers easy access to supermarkets, a fast food outlets and the Charles Wells Brewpoint bar and restaurant. Bedford's mainline train station with fast and frequent trains to London is within easy reach.
The existing lease is 99 years from 1 November 1984 with 59 years remaining but is due to be extended by 89 years, making 148 in total and the ground rent reduced to a peppercorn. The current service charge is £960 per annum.
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page
Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page
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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page
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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page
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