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1 bedroom flat for sale
High Street South, Dunstable, Bedfordshire, LU6
£130,000
High Street South, Dunstable, Bedfordshire, LU6
£130,000
Our Summary
- Current Rent: £875 p/m, with scope to increase to £950 p/m
- At the potential rent of £950 p/m, the yield rises to 8
- This maisonette offers a blend of affordability and growth potential, situated in a highly rentable area
Description
This charming 1-bedroom, 1-bathroom maisonette in South Dunstable, LU6, is a prime buy-to-let investment opportunity. With 125 years remaining on the lease, the property is situated in a peaceful residential area and offers a blend of affordability and growth potential. Currently tenanted, it provides immediate income potential, with a current rent of £875 per month and potential to increase to £950 per month. The property boasts a modern design and offers a gross yield potential of 8.08% based on the asking price of £130,000, rising to 8.77% with the potential rent increase. With a service charge of £147 per month and ground rent of £100 per year, this property is an attractive addition to any portfolio, making it perfect for both seasoned investors and those looking to start or expand their portfolio.