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Carlton House 42-44 West St 5,951 SF 100% Leased Office Building Dunstable LU6 1TA $2,652,872 ($445.79/SF)
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
Building Size
5,951 SF
Building Class
C
Year Built
1950
Price
$2,652,872
Price Per SF
$445.79
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,984 SF
Building FAR
1.95
Lot Size
0.07 AC
Parking
5 Spaces (0.84 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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Carlton House | 42-44 West St
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