High Street South, Dunstable, LU6 3SF

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%.