*Guide | £50,000 - £60,000 (plus fees)
- Studio
- 1 Bedroom
- Tenure: Leasehold. 995
Call the team on 01908 030127 for more information
** TURN KEY INVESTMENT, WITH AST IN PLACE AND UP TO A 13 % YIELD ** A WELL PRESENTED STUDIO FLAT, CLOSE TO LUTON TOWN CENTRE, AMENITIES AND PUBLIC TRANSPORT. FEATURES A LONG LEASE OF OVER 950 YEARS AND PEPPERCORN GROUND RENT, MAKING IT A GREAT LONG TERM PROSPECT**
This ground floor studio flat is located close to the Town Centre and local amenities and is presented to auction as an on-going investment with a Tenant and AST in place from June 2025 generating £550 PCM which translates to a Gross Yield of up to 13 %, making this an attractive proposition. Features larger than average studio accommodation with communal entrance, lounge/bedroom, separate fitted kitchen and separate shower room. The property also benefits from a 995 year lease from 1987.
Tenure
Leasehold. 995
INSIDE
COMMUNAL ENTRANCE STUDIO ROOM 14'5 X 11'7 KITCHEN 12'4 X 5'2 SHOWER ROOM 9'2 X 4'3 OUTSIDE ON ROAD PERMIT PARKING LEASE DETAILS, 995 YEAR LEASE DFROM 1987 WITH APPROX 957 YEARS REMAINING AND PEPPERCORN GROUND RENT. FOR ANY SERVICE CHARGE INFORMATION PLEASE REFER TO THE LEGAL PACK
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Luton Borough Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge -
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
