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Albion Street, Dunstable LU6 1 bed maisonette for sale
Albion Mews, Albion Street, Dunstable
£135,000
Albion Mews, Albion Street, Dunstable
£135,000
Our Summary
- LEASE LENGTH : 977 YEARS GROUND RENT : £100PA SERVICE CHARGE : £1250PA INVESTMENT POTENTIAL Approximate gross yield of 9%, based on rent agreed at £1050pcm and sale agreed at the asking price
Description
This one-bedroom maisonette in Dunstable offers a fantastic investment opportunity, with a 977-year lease and a potential gross yield of approximately 9%. The property is situated in the heart of the town, close to local amenities and transport links, and has been well maintained by the current owners. The accommodation features an entrance hallway, shower room, fitted kitchen, spacious double bedroom with bespoke wardrobes, and a living/dining room. The property also benefits from a gated security entrance and has a relatively low ground rent and service charge. With a rent agreed at £1050 per month, the property has the potential to generate a significant income for investors.