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.

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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.

The property industry may be hundreds of years old, but our thinking is in the here and now. Our prime focus is on your experience with us, and we shape our services around your unique needs. We’re always looking at what could be possible by finding better and easier ways of doing what may seem difficult. We’re here to make a difference and to ease the property journey for you. As a group, our culture is critical. We foster innovation and clever thinking, knowing always that what we do and achieve together sets us apart. Our attention is meticulous; our attitude tenacious; our approach authentic. We build bonds that endure over years and across generations. At Alexander & Co we have an unwavering belief that the customer always comes first. What we offer reflects the trends and interests of the local market whilst incorporating the finest best practice our industry has to offer. We’re redefining preconceived notions of estate agency to enrich the experience for all. No matter if you’re selling, letting, buying or renting, we do what people assume is impossible. Let us ease the property journey for you.

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