Summary - High Street South, Dunstable, Bedfordshire LU6 3HW
1 bed 1 bath Studio
Cash-ready buy-to-let with strong projected rental yield after refurbishment.
Third-floor studio in Viceroy Court, vacant and ready for refurbishment
36 years left on lease — likely unmortgageable; cash buyers only
Estimated rental income ~£700 pcm; high gross yield advertised
Open-plan living with kitchenette and separate shower room
Purpose-built block with town-centre convenience and transport links
Requires renovation throughout — refit and cosmetic works needed
Online auction sale with six weeks’ completion timetable
Broadband fast and mobile signal excellent; no flood risk
Offered by online auction with six weeks’ completion, this third-floor studio in Viceroy Court is a straightforward cash-only purchase for investors. The flat is vacant and requires full refurbishment, providing an opportunity to fit out to renter demand and add value through renovation and lease extension work.
The property has just 36 years remaining on the lease, which will make it difficult or impossible for most mortgage lenders to finance. Buyers should be prepared to complete with cash and to factor in the cost and timeline of securing a lease extension if long-term ownership or mortgageability is required.
Internally the studio offers compact, low-maintenance accommodation: an open-plan living/kitchenette area and a separate shower room. The building is in a convenient town-centre location with good public transport, fast broadband, excellent mobile signal and easy road access to the M1, Luton and London — features that support consistent rental demand.
Projected rental income is advertised at around £700 pcm, producing a high gross yield on the asking price for cash buyers, though the figures assume a lettable condition once refurbished. This lot suits investors seeking immediate income and upside through refurbishment and lease negotiation rather than owner-occupiers seeking mortgage finance.
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