Dunstable Road

Freehold Residential Investment – 5 Flats + Annexe | £1,350,000.00

An exceptional investment opportunity to acquire a newly constructed, purpose-built freehold block comprising five self-contained flats and a separate annexe, all fully let and currently generating £91,200 per annum in rental income.

Property Overview:

This well-designed and immaculately presented building is set on a generous plot with a large rear garden and off-street parking for six vehicles. The accommodation is laid out over three floors with a separate annexe to the rear of the plot.

Accommodation Breakdown:

• Ground Floor (2 x Three-Bed Flats)
• 2 Double Bedrooms, 1 Single Bedroom
• Family Bathroom
• Open-Plan Kitchen/Dining/Living Area
• Private Gardens
• First Floor (2 x Two-Bed Flats)
• 2 Double Bedrooms
• Family Bathroom
• Spacious Open-Plan Kitchen/Dining/Living Room
• Private Balconies
• Second Floor (1 x Two-Bed Flat)
• 2 Bedrooms (1 with Ensuite)
• Family Bathroom
• Large Open-Plan Kitchen/Dining/Living Room
• Detached Annexe
• Fully Self-Contained
• Currently Let

The building has been newly built by the current owner to a high standard, making it a low-maintenance investment with strong rental demand and consistent income.

Current Rental Income:

• Flat 1 – £1,350 pcm
• Flat 2 – £1,350 pcm
• Flat 3 – £1,200 pcm
• Flat 4 – £1,250 pcm
• Flat 5 – £1,700 pcm
• Annexe – £750 pcm
  Total Monthly Income: £7,600
  Annual Income: £91,200

Financials:

• Asking Price: £1,350,000.00
• Tenure: Freehold
• Gross Yield: 6.75%​

Key Features:

• Newly built block of 5 high-spec flats + annexe
• Strong rental history, fully let
• £91,200 annual rental income
• 6.75% Gross Yield
• Off-street parking for 6 vehicles
• Spacious plot with a large garden
• Low-maintenance investment
• Freehold

Dunstable Road - Key Points

Location

Luton, United Kingdom