12 bedroom block of apartments for sale

>

12 bedroom block of apartments for sale

Dunstable Road, Luton, Bedfordshire, LU4
£1,350,000

Our Summary

  • 00 An exceptional investment opportunity to acquire a newly constructed, purpose-built freehold block comprising five self-contained flats and a separate annexe, all fully let and currently generating £91,200 per annum in rental income

Description

This exceptional investment opportunity presents a newly constructed, freehold block of five self-contained flats and a separate annexe, fully let and generating £91,200 per annum in rental income. The property features a generous plot with a large rear garden and off-street parking for six vehicles. The three-story building offers a mix of two and three-bedroom flats, each with its own private gardens or balconies, as well as a spacious annexe with its own self-contained living space. With a strong rental history and a gross yield of 6.75%, this property offers a low-maintenance investment opportunity with consistent income. The asking price of £1,350,000 reflects the property's high standard of construction and its potential for long-term growth.
Get a Mortgage Quote