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studio for sale - Viceroy Court, Dunstable, LU6 - Property View 1
  • Brochure
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studio for sale - Viceroy Court, Dunstable, LU6 - Property View 1
  • Brochure

£25,000

Asking price

Viceroy Court, Dunstable, LU6

studio for sale

    Key Features

    • FOR SALE BY ONLINE AUCTION
    • 6 WEEKS’ COMPLETION
    • Studio
    • Requires refurbishment
    • Vacant leasehold
    • Cash buyers only

    Description

    For investment – Positioned on the third floor of Viceroy Court, this compact studio apartment offers an appealing opportunity for investors seeking a competitively priced asset in the Dunstable market. Currently unmortgageable due to its floor space and remaining 36-year lease, the property is well-suited to cash purchasers looking for strong rental returns, with an estimated income of approximately £700 per calendar month, gross yield of around 33% PAX.

    Set within a purpose-built block, the apartment provides practical, low-maintenance accommodation comprising a studio living space with kitchenette and separate shower room. The location is particularly convenient, offering easy access to Dunstable town centre, local shops, cafés, and public transport links. Excellent road connections via the nearby M1 and quick access to Luton and London further enhance the area’s desirability among tenants.

    With consistent rental demand and scope for future lease extension, 40B Viceroy Court represents a compelling buy-to-let investment or portfolio addition. This lot presents a rare chance to secure a well-located property offering both immediate income potential and long-term value prospects. Interested parties are encouraged to inspect and register to bid early.

    For Cash buyers only due to lease length and floorspace.
    Read more

    Room Details

    Auction
    To be sold by online auction (unconditional) on Thursday 27th November 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.
    To view
    Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
    Registration
    All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
    Tenure
    Leasehold with vacant possession
    Lease
    99 years from 29th September 1963 - 36 years remaining.
    Ground rent and service charge
    Please see legal pack for further details.
    EPC rating
    F
    Council tax band
    A - Central Bedfordshire Council
    Legal pack
    For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.
    Guide prices
    Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.
    Additional fees
    A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
    Deposit
    If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.
    Pre-auction offers
    These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".
    Mortgage finance
    We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

    Location

    Viceroy Court, Dunstable, LU6

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    2025-07-23 13:07:51
    2025-11-19 09:58:53

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