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Carlton House 42-44 West St 5,951 sq ft 100% Let Office Property Dunstable LU6 1TA £2,000,000 (£336.08/sq ft)
Investment Highlights
- Block of 10 apartments.
- Dunstable town centre.
- Generating rental income.
Executive Summary
Prime investment opportunity comprising of recently converted block of 10 high-specification apartments has been finished to an excellent standard, offering modern and stylish living spaces throughout. The property comprises six well-proportioned 1-bedroom apartments, ranging from 413 sq ft to 538 sq ft, and four spacious 2-bedroom apartments, ranging from 646 sq ft to 796 sq ft. Each 2-bedroom apartment benefits from an ensuite bathroom to the main bedroom. Additionally, four of the 1-bedroom units feature private balconies, while the top-floor 2-bedroom apartment boasts a private terrace. A lift provides easy access to all floors. The property is fully tenanted, generating a monthly income of £12,000 (£144,000 annually). The Freehold Block is unbroken and held within a Limited Company SPV, making the sale process straightforward for prospective buyers.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
5,951 sq ft
Costar Property Class
C
Year Built
1950
Price
£2,000,000
Price per sq ft
£336.08
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,984 sq ft
Plot ratio
1.95
Total Plot Size
0.07 ac
Parking
5 Spaces (0.84 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
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Carlton House | 42-44 West St
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