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High Street South, Dunstable... Studio for sale
High Street South, Dunstable, Bedfordshire
£25,000
High Street South, Dunstable, Bedfordshire
£25,000
Our Summary
- Currently unmortgageable due to its floor space and remaining 36-year lease, the property is well-suited to cash purchasers looking for strong rental returns, with an estimated income of approximately £700 per calendar month, gross yield of around 33% PAX
- With consistent rental demand and scope for future lease extension, 40B Viceroy Court represents a compelling buy-to-let investment or portfolio addition
- This lot presents a rare chance to secure a well-located property offering both immediate income potential and long-term value prospects
- Cash buyers only
- FOR SALE BY ONLINE AUCTION
- For sale by online auction
- Requires refurbishment
Description
This compact studio apartment on the third floor of Viceroy Court in Dunstable is an appealing investment opportunity for cash purchasers seeking strong rental returns. With a 36-year lease, the property is currently unmortgageable, but offers an estimated income of £700 per month, gross yield of around 33% PAX. The apartment is situated in a purpose-built block, providing practical and low-maintenance accommodation, and is conveniently located near the town centre, shops, cafes, and public transport links. With consistent rental demand and scope for future lease extension, this property presents a compelling buy-to-let investment or portfolio addition, offering both immediate income potential and long-term value prospects.