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SSTC

2 1 Flat

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.

Summary

WALK THROUGH TOUR | BIG RENTAL RETURNS | Yields of 8%-10% before capital growth | TWO Double rooms | Living/Dining Room | 689sqft

Description

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.

Gross Yield: 9.27%

Utilities, Rights, Easements & Risks

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Rights & Restrictions
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Risks
Flooded in last 5 years Ask Agent
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Additional Details

Bedrooms: 2 Bedrooms
Bathrooms: 1 Bathroom
Receptions: 2 Receptions
Tenure: Leasehold
Lease Remaining: 42 years
Service Charge: £943 / year
Council Tax: £1,446 / year
Council Tax Band: A

Map

Street View

Floorplans

EPC Charts

Mobile Coverage

Indoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.
Outdoor
Provider Voice Data 4G
EE
Three
O2
Vodafone
Estimated mobile coverage provided by Ofcom for this property's postcode.