Property description

**Offers at the guide price of £850,000 are invited by Informal Tender which are to be submitted to Compass by 12 noon on Tuesday 15th December 2015**
Freehold investment property comprising nine studios, two 1 bed and one 2 bed apartments with further potential (with vacant possession).
18 Linden Road is a large three-storey detached Victorian property with a more recent single-storey extension to the rear sited on a plot of c.0.34 acres. It comprises 5,025 sq ft gross internal floor area (including communal areas) accommodating nine studios, two 1 bedroom and one 2 bedroom apartments (totalling approximately 3,875 sq ft of nett residential accommodation).
The historic planning consent dated January 1979 reference B/TP/78/2167 approved the conversion of the building into bedsits and wardens' units for the current owner. The residential units (except for the warden's and deputy warden's units) do not have their own cooking or laundry facilities and have not been treated as being separate for Council Tax. All the units have their own internal lockable doors and phone entry system to the main entrance on the ground floor.
Linden Road is conveniently located to the west of Bedford town centre and is an area principally comprising large Victorian houses which, in the main, have been converted into apartment buildings and nursing homes. The area is identified as a Conservation Area in the Bedford Borough Local Plan.
There is further potential to increase the lettable accommodation/income by combining the Dining Room, Kitchen, Garden Room and Bathroom (on the ground floor) and to create further accommodation on the second floor (STPP).
There is also potential to expand the building into the substantial gardens surrounding the property and to increase the area for parking at the front and side of the property.
Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land. These details are presented subject to Contract and without prejudice. November 2015.

Property Features :

• FREEHOLD INVESTMENT PROPERTY
• LARGE 3-STOREY VICTORIAN DETACHED PROPERTY
• FURTHER POTENTIAL (STPP)
• CONVENIENT LOCATION