This property was purchased with a view to refurbish the main building with an option to develop in the surrounding grounds. The option for this property is to develop and then rent out.
A development of an existing HMO that was previously a hotel. A full refurbishment brings this 18 bedroom HMO into the present. Spread over 3 floors, and a basement, this property has 5 self contained en-suite studios and then a mixture of single and double en-suited rooms. There are 2 communal shared kitchen areas.
Detached property converted into a fun. friendly and single living HMO.
Ideally located, only 5 minutes walk from Bedford train station with Central London only 45 minutes away and only 10 minutes walk from the town centre.
Adam joined Seed in October 2016 and was looking for income generating opportunities and Shakespeare Road gave him that chance.
“When I was offered the opportunity to acquire a former hotel which is now a HMO with further re-development opportunities, it was a very easy decision to go ahead with this acquisition. Raj and Colin used their entrepreneurial approach to secure this property for me and help achieve my goal of creating an income generating business, and more importantly to me, enabling me to create the best single room living environment for my tenants and making it a place they would feel proud and happy to call home. There have been numerous hurdles to overcome and its been a huge learning experience but one I personally have relished, and am thankful to all of the team at Seed who have helped me..”
– Adam F