Viceroy court, High Street South, Dunstable, LU6 3HP
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
689 sq ft
64 sq m
Key features
- 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.
Description
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.
Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
Ask agent
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£943
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
42 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Viceroy court, High Street South, Dunstable, LU6 3HP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leagrave Station3.0 miles
- Luton Station4.4 miles
About the agent
OnPlan, Stockgrove
Holt House Farm, Stockgrove, Beds, LU7 0BB
OnPlan is an independent agency dedicated to helping New Homes Developers and Bespoke Agents across the U.K. deliver the highest level of service to their clients. We understand that our business thrives or just survives by the service that we provide, which is why we will go above and beyond to help any of our OnPlan customers.
OnPlan Agents
As OnPlan offers a different commission structure which favours the Agents, it allows them to work with a fewer number of clients and give t
Industry affiliations
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Visit our security centre to find out moreDisclaimer - Property reference OLB-59831257. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by OnPlan, Stockgrove. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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