** EXCELLENT VALUE 1ST FLOOR STUDIO FLAT, CLOSE TO LUTON TOWN CENTRE. FEATURES A LONG LEASE TERM WITH IN EXCESS OF 100 YEARS REMAINING AND PEPPERCORN GROUND RENT ** OFFERS A GREAT RENTAL YIELD AND LOCATED IN A HIGH DEMAND AREA, CONVENIENT FOR LOCAL AMENITIES **

This first floor studio flat is presented in modern decorative order and benefits from a 125 year lease term with 107 years remaining and PEPPERCORN GROUND RENT. Located close to the Town Centre and public transport, this would be an ideal property to add to a rental portfolio. With strong rental demand, this should generate a very attractive yield and make a good medium to long term investment. Features communal entrance, open plan living/bedroom/kitchen area 18'5 x 14'3 and a separate shower room. Situated within a short drive to the M1 Motorway and Luton Airport. Call us now for more information.

Tenure

Leasehold. 125

COMMUNAL ENTRANCE

STUDIO AREA 14'3 X 18'5 KITCHEN AREA SHOWER ROOM 4'4 X 4'2 OUTSIDE ON STREET PARKING, SUBJECT TO LOCAL PARKING RESTRICTIONS LEASE DETAILS With a 125 year lease term with around 107 years remaining. PEPPERCORN GROUND RENT. Service charge information awaited, please see legal pack for clarification

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Luton Borough Council

Solicitors

FLINT BISHOP, Ref: FLINT BISHOP, Tel: 0113 457 0300

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £2000 plus vat (£2400)

Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.