It's on the market at £69,995 and the lowest rental price for a one bedroom flat in Bedford is currently £395 per month. This would make a very decent 6.77% gross yield if bought at fullasking price, and I'll bet there's room for a bit of negotiation!
We manage rental properties all over Bedfordshire, and quite a few in Bedford itself. If you'd like a chat about investing anywhere locally then give me a call on 01525 838848 or email graham@1st-house-lettings.co.uk and i'll get back to you personally.
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