** TAILOR MADE INVESTMENT PROPERTY, GENERATING £15,000 PA AND UP TO A 11.5 % GROSS RENTAL YIELD ** TWO BED TWO BATH MODERN EXECUTIVE APARTMENT IN A TOWN CENTRE LOCATION AND WITH LEASE OF 989 YEARS ** TENANT IN SITU **

This modern second floor executive apartment presents an outstanding opportunity to acquire a ready-made investment property with an excellent rental income, offering a gross rental yield of between 10.7% and 11.5% (within the guide price range). Finished to a high specification, the property extends to approximately 667 sq ft and features two shower rooms, making it well suited to professional tenants. Situated within a prestigious town centre development, residents benefit from secure entry, a concierge service, and excellent access to public transport links and local amenities. With a 989-year lease, this is a low-maintenance, long-term investment opportunity that would make an excellent addition to an established property portfolio or a strong first buy-to-let investment.

Tenure

Leasehold.

INSIDE

COMMUNAL ENTRANCE With intercom entry, security door, concierge desk, lobby area leading to stairs and lifts ENTRANCE HALL 19'2 X 3'6 Front door, airing cupboard, videophone receiver, door to OPEN PLAN LOUNGE/KITCHEN 22'5 X 10'5 LOUNGE AREA Double glazed windows, open to KITCHEN AREA Modern high gloss style kitchen with sink unit, stone style worktop and some integrated appliances BEDROOM ONE 15'8 X 8'8 Double glazed window, fitted wardrobe, door to EN-SUITE SHOWER ROOM 7'4 X 7'6 Tiled walls and floor, sink unit, WC, extractor fan, heated towel rail and shower cubicle BEDROOM TWO 12'5 X 10'5 Integrated wardrobes SHOWER ROOM 7'4 X 7'6 Tiled walls and floor, sink unit, WC, extractor fan, heated towel rail and shower cubicle

OUTSIDE

COMMUNAL PATIO A paved courtyard accessed from the entrance lobby

LEASE DETAILS

With an unexpired lease term of 989 years. The seller advises the property is subject to a ground rent of £225 PA and a service charge of £2831 PA. Please review the legal pack for more information and verification.

NOTE:

Please note some internal images have been digitally enhanced to remove some personal items and clutter.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Luton Borough Council

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1800 (£1500 plus vat)

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.