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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
- Requires refurbishment
Description
This compact studio apartment on the third floor of Viceroy Court 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 33% PAX, making it an attractive option for investors. The apartment is located in a purpose-built block in the heart of Dunstable, providing easy access to the town centre, shops, cafes, and public transport links, as well as excellent road connections to the M1, Luton, and London. 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.