£120,000

2 bed flat for sale

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  2.  75-Viceroy-Court-11022023_201225
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Leasehold

Guide price

£120,000

2 bed flat for sale

Viceroy Court, High Street South, Dunstable LU6

2 beds
1 bath
2 receptions
EPC rating: D

Key Information

Tenure:
Leasehold (42 years)
Service charge:
£943 per year
Council tax band:
A
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Priory Academy 0.1 miles
  • St George's School 0.2 miles
  • Leagrave 3 miles
  • Luton 4.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • High rental yield of 8%-10% ensures substantial returns for investors.
  • Large two bed Ground floor apartment - 689sqft
  • 42 years remaining on the lease presents a solid opportunity for extension and long-term investment.
  • Master bedroom accommodates a super king bed and includes built-in wardrobes.
  • Second bedroom comfortably fits a double bed, catering to various tenant needs.
  • Separate kitchen ensures a fresh living space free from cooking aromas.
  • Current tenant stability with a residency of over 5 years guarantees consistent income.
A prime opportunity awaits savvy investors in the heart of Viceroy Court. This ground floor apartment, strategically located on High Street South in Dunstable, offers not just a spacious and well-appointed living space but a compelling prospect for those seeking a lucrative investment in the real estate market.

The property features a remarkably spacious master bedroom with built-in wardrobes, easily accommodating a super king bed for a touch of luxury. The second bedroom, equally impressive, comfortably fits a double bed, catering to guests or serving as an adaptable space for occupants.

A distinguishing feature of this investment gem is the separation of the kitchen, ensuring a pristine living and dining area free from cooking odors. The family bathroom meets everyday needs, completing the functionality of this well-designed apartment.

Presently under tenancy for over 5 years, this property offers stability and a consistent income stream. What truly sets this opportunity apart is the leasehold tenure with 42 years remaining, providing a platform for a wise investor to extend and maximize its long-term potential.

Noteworthy for investors is the remarkable rental yield of 8%-10%, offering an impressive return on investment prior to considering potential capital growth. The enticing numbers coupled with the property's current condition and strategic location make this an alluring prospect for those aiming to expand their property investment portfolio.

This ground floor apartment in Viceroy Court not only assures comfortable living spaces and a thoughtful layout but also presents an unmissable investment opportunity. With its advantageous lease tenure and promising rental returns, this property stands as a compelling choice for investors seeking a robust and profitable addition to their portfolio.

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Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

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Property descriptions and related information displayed on this page are marketing materials provided by - OnPlan. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact OnPlan for full details and further information.

  1. Zoopla
  2. For sale
  3. Bedfordshire
  4. Dunstable
  5. High Street South

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