Summary - Viceroy Court, Dunstable LU6 3HP
1 bed 1 bath Studio
Cash-only third-floor flat with strong rental yield near Dunstable town centre.
- Third-floor studio with kitchenette and separate shower room
- Vacant and in need of full refurbishment throughout
- Lease length 36 years — likely unmortgageable
- Cash buyers only; auction sale with six weeks completion
- Estimated rent c. £700 PCM, gross yield around 33% PAX
- Mid-century purpose-built block with communal parking
- Convenient location near Dunstable town centre and transport
- Buyers should allow for lease-extension and renovation costs
A compact third-floor flat in Viceroy Court offered for sale by online auction with six weeks’ completion. The single-room layout includes a kitchenette and separate shower room, and the property is vacant — suitable for immediate refurbishment and letting by a cash purchaser. The block is mid-20th-century brick with communal parking and good transport links to the M1, Luton and central Dunstable.
This lot is most appropriate for investors or cash buyers. The lease has 36 years remaining and the property is currently likely unmortgageable; buyers should be prepared to complete in cash and to fund any works. The apartment requires renovation and modernisation throughout, offering scope to add value and improve rental appeal.
Estimated rental income is approximately £700 PCM, giving a gross yield of around 33% per annum based on the guide price — attractive if the purchase is for buy-to-let. Important practical points: the flat is vacant, council tax band unknown, and the short lease means lenders may refuse mortgages until the lease is extended. Buyers should obtain legal and technical advice about lease extension costs and refurbishment estimates before bidding.
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