1 bed Maisonette in Dunstable with Freehold for £140,000 and rental yield of 6%. It also includes off street parking and a garage.
Admittedly this is not in one of the modern most sought after developments in Dunstable in the most popular area, but it is close to schools and shops and the offer of the freehold being offered with the property is always something that stands out to me when a property is advertised by an agent.
Many landlords/investors look to purchase a house because they don’t want a leasehold property, but occasionally a flat or maisonette will appear with the freehold included and that is why you need to look at all adverts by agents when searching for an investment.
This 1 bedroom ground floor maisonette comes with a garage, off street parking, a decent sized lounge and bedroom, utility room and bathroom.
The potential rent is £650-£675pcm which would give a rental yield of up to 6% and in the current market there is probably some movement in the asking price.
Here is a link to the property - 1 bed maisonette
Daniel Bourke is the owner of Belvoir Lettings Dunstable and in his previous career in Architecture he was an Associate in a leading London Architectural practice