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** MODERN ONE BEDROOM FLAT WITH PARKING & PRIVATE BALCONY, LOCATED, CLOSE TO M1 AND LUTON TOWN CENTRE ** EXCELLENT RENTAL VALUES OF UP TO £1000 PCM ** VACANT POSESSION ** 473 SQFT OF LIVING SPACE **
This spacious and modern one-bedroom apartment is offered to auction with vacant possession and benefits from a long lease term with approximately 105 years remaining. The well-designed accommodation provides around 473 sq ft of living space, including an entrance hall, a generously sized open-plan lounge and kitchen area, a double bedroom, and a separate bathroom. Additional features include double glazing, a private balcony, and undercover parking within the residents’ car park. Conveniently located close to Luton town centre, public transport links, the M1 motorway, and Luton Airport, the property presents an excellent investment opportunity. With an estimated rental value of up to £1,000 per calendar month, it offers the potential for a gross rental yield in excess of 10%, making it an attractive proposition for buy-to-let investors. INTERNAL PHOTOS/FLOORPLAN TO FOLLOW SHORTLY
Tenure
Leasehold. 125
INSIDE
COMMUNAL ENTRANCE WITH INTERCOM ENTRY ENTRANCE HALL OPEN PLAN LOUNGE/KITCHEN LOUNGE AREA 13 X 12 KITCHEN AREA 11 X 8 DOUBLE BEDROOM 13 X 11 BATHROOM 7'5 X 6 PARKING: ONE ALLOCATED UNDERCOVER PARKING SPACE LEASE DETAILS 125 YEAR TERM WITH 105 YEARS UNEXPIRED, FOR ANY GROUND RENT & 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
Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1500 (£1250 plus VAT).
Administration Charge - The purchaser will be required to pay an administration charge of £1,080 (£900 PLUS VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.