We currently manage this property and achieve £550 per calendar month , with an asking price of £115,000 , that offers a reasonable return of 5.7%
In a lovely location its close the amenities of Bedford and is in a highly desirable end of town.
The “problem” again could be that the lease is short , putting off potential buyers. This is why is it crucial that the vendors agent offers the right advice.
Renew the lease or drop the price to cover the cost, which can range anything from £4-10,000. Until this has been rectified this property will not sell , unless a cash buyer is found