£4,700,000

Block of flats for sale

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Offers in region of

£4,700,000

(£342.77/sq. ft)

Block of flats for sale

Church Walk, Dunstable LU6

13,712 sq. ft

Local area information

Property location

Nearby amenities

  • St George's School 0.2 miles
  • Priory Academy 0.2 miles
  • Leagrave 2.9 miles
  • Luton 4.5 miles

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

Read our area guide for Dunstable to find out more about the local area.

Features and description

  • 18 x C3 supported living apartments
  • Freehold, 13,712 sqft (gia) building on a 0.85-acre site
  • New 21-year Fri lease to a national Registered Provider
  • Income supported by long-term council nominations and void agreements
  • £305,336 per annum rent, cpi-linked reviews
Redevelopment of the former Dunstable Health Centre into an 18-unit supported living scheme for adults with learning disabilities and mental health needs.

Freehold, 13,712 sqft (gia) building on a 0.85-acre site in a prime town centre location.

New 21-year Fri lease to a national Registered Provider, with income supported by long-term council nominations and void agreements.

£305,336 per annum rent, cpi-linked reviews.

We are instructed to invite offers in the region of £4,700,000, subject to contract, reflecting a Net Initial Yield of 6.10%, assuming standard purchaser’s costs of 6.56%.

A purchase at the guide price would reflect a capital value of £343 per sqft against the gia.

Floor plans and tours

Floor plans (2)

2 floor plans available

View the floor plans to understand the space and layout of this property.

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