High Street South, Dunstable, LU6

Montpelier Chambers is a very elegant building situated on the High Street in the town centre of Dunstable, Bedfordshire. The property has planning permission for change of use from a commercial business and service (Class E) to dwelling houses (Class C3) converting the building into five one bedroom and two bedroom apartments. There is scope to add two more to the rear and there is parking for six cars. This would make an ideal investment with an approximate rental income of £88,000 per annum. We anticipate the construction costs to be approximately £450,000 and would generate a return on investment of 8%.

Agents Note:

Draft particulars yet to be approved by vendor and may be subject to change.

Anti-Money Laundering (AML):

It is a legal requirement that all applicants comply with Anti-Money Laundering regulations. As such, once a purchase or tenancy has been agreed subject to contract, the applicant(s) will be required to undertake an AML and financial sanctions check carried out by our third party provider at a cost of £66 inclusive of VAT per property, payable by the applicant(s).

Material Information:

We are advised by the seller/landlord/tenant of the following information in good faith but its accuracy is not guaranteed and you should make your own investigations before committing to a sale or letting.

Please note in terms of mobile/phone reception, this is the view of the seller/landlord/tenant based on their current provider.

Water: TBC
Electric: TBC
Drainage: TBC
Flood risk: TBC
Mobile/Phone: TBC
Tenure:
Council Tax Band:
Council tax payable: TBC
Length of lease: TBC
Ground Rent details: TBC
Service charge Details: TBC

For further material information please contact the office marketing this property.