Compact ground-floor flat with garden and parking ideal for investors.
Auction sale with buyer's administration and premium charges payable
Lease short at c.37 years — lenders may refuse mortgage finance
Approx 302 sqft studio; compact footprint, ground-floor position
Communal gardens and permit residents' car park included
Electric room heaters; limited thermal performance, cavity walls uninsulated
Kitchen mostly fitted but requires finishing work and minor repairs
Council Tax Band A — low running council costs
Suitable for buy-to-let but lease and auction fees reduce net returns
A ground-floor studio in Viceroy Court offers a compact, low-maintenance purchase in central Dunstable. The flat provides about 302 sqft of living space with a separate fitted kitchen, bathroom and access to communal gardens and residents’ parking—features that suit a straightforward buy-to-let or a budget first purchase.
Important practical and legal factors affect marketability: the lease has approximately 37 years remaining, which will make mortgage lending difficult and will likely require a buyer to budget for a lease extension. This property is being sold at auction with associated purchaser fees (buyers’ administration and premium charges), so buyers should review the legal pack and factor additional costs before bidding.
The flat is basic but serviceable: double glazing, an electric heating system using room heaters, and post-war brick construction mean low structural complexity but limited thermal performance (cavity walls assumed without insulation). The kitchen shows contemporary fittings but some finishing works are needed. Council Tax is low (Band A), and the location close to High Street amenities supports rental demand.
For an investor, the flat offers high gross yield potential if bought at the right price and held as a let, subject to the lease and auction charges. For anyone considering owner-occupation or mortgage purchase, obtain lender confirmation and legal advice about cost and feasibility of a lease extension before proceeding.
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