Are you an Estate Agent? Register here
Are you an Estate Agent? Register here
121 Dunstable Road, Luton, Bedfordshire, LU1 1BW
£1,250,000 Offers in excess of
This commercial unit for sale presents a unique opportunity to acquire a highly desirable property located in a prominent industrial estate, within an established industrial location. The property is situated in a sought-after and ever-developing commercial location, with a range of successful neighbouring businesses which attract a very large traffic of potential clients.
Boasting an open space within the building, the property can be configured to meet the specific needs and personal requirements of any discerning buyer. This flexibility of layout and design ensures that the property can be utilised for a wide range of commercial uses.
In addition to the prime location and customisable space, the property benefits from fantastic transport links and is easily accessible, being located under a mile away from the M1 Motorway. This exceptional accessibility adds significant value and convenience to the property, making it an ideal choice for businesses with national or even international client bases.
The secure site extends to the car park which is another key feature of the property. This provides ample parking space for staff and visitors alike, while also offering additional security measures.
Moreover, this freehold building presents an opportunity for an astute buyer to invest in a sound asset that will appreciate in value over time. The freehold status of the property ensures that the buyer has complete control over the asset and its use, providing long-term stability and growth potential.
In summary, this commercial unit is a rare and highly desirable property located in a prime industrial estate, with exceptional transport links, customisable space, and significant potential for future growth and appreciation.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
121 Dunstable Road, Luton, Bedfordshire, LU1 1BW
The Property has been saved to your favorites
/ 5
It's quick and easy
