£89,995
Semi-detached house for saleViceroy Court, High Street South, Dunstable LU6
1 bath
1 reception
EPC Rating: E
- Leasehold
Penrose Estate Agents
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About this property
No upper-chain
Approx. 126 years on lease
Service charge approx £1503.32 per annum
No ground rent
Tenant in situ paying £750 pcm
Top floor studio apartment
Viceroy Court, Dunstable
Investment Opportunity: Top Floor Studio Apartment with Tenant in Situ, Dunstable
An excellent investment opportunity awaits with this top floor studio apartment in Dunstable, offered with a tenant in situ and no upper chain.
Presenting a superb opportunity for investors, this top floor studio apartment, ideally situated on High Street South in Dunstable, is now available for sale. This property offers a hassle-free acquisition, benefiting from having no upper chain.
The design ensures that despite its studio layout, there is ample room for everyday living, making it an attractive proposition for a single occupant or a couple.
Complementing the living area is a separate bathroom, fitted with contemporary fixtures and fittings. As well as a separate kitchen.
One of the most compelling aspects of this offering is the secure investment it represents. The property comes with a tenant already in situ, currently paying £750 per calendar month, providing an immediate and consistent rental income from day one of ownership. This makes it an ideal choice for those looking to expand their property portfolio or for first-time investors seeking a reliable income stream without the immediate need to find a tenant.
Leasehold details are favourable, with approximately 126 years remaining on the lease, offering long-term security for the investment. Furthermore, the property benefits from having no ground rent, which is a significant advantage, reducing ongoing costs for the owner. The service charge is approximately £1503.32 per annum.
Located on High Street South, the apartment boasts a prime position within Dunstable, offering convenient access to a wealth of local amenities. Residents will find a variety of shops, supermarkets, cafes, and restaurants just a short stroll away. Excellent transport links are also readily available, with regular bus services connecting to surrounding towns and cities, and easy access to major road networks such as the A5 and M1, making it an attractive location for commuters.
Dunstable itself is a vibrant market town with a rich history and a strong sense of community. It offers a range of leisure facilities, parks, and green spaces, providing opportunities for outdoor activities and relaxation. The town is also home to good schools and healthcare facilities, adding to its appeal as a desirable place to live.
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More information
Tenure
Leasehold (126 years)
Service charge
£1,503 per year
Council tax band
A
Ground rent
Ground rent date of next review