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2 Bed Flat, Cash/Bridging Only, Dunstable, LU6 3HP £120,000

Viceroy court, High Street South, Dunstable, LU6 3HP - 4 views - 2 years ago
  1. Deal Search
  2. Dunstable
  3. LU6
  4. LU6 3HP
Leasehold
Cash
ROI: 3%
~68 m²

ValuationUndervalued

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Links

  • More Deals in Dunstable
  • More Deals in LU6
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Dunstable
  • More Cash/Bridging Only Deals in LU6

Property History

Listed for £120,000

November 15, 2023

Floor Plans

Description

  • 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. +
  • Separate kitchen ensures a fresh living space free from cooking aromas. +
  • Cash Buyers due to short lease +

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.

Please note that these photos were taken before the tenant had moved out.

Agent Details

OnPlan, Stockgrove

01908 464776

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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