For Sale By Auction | 2:30pm, 13 June 2018 | Lot 3

Flat 6, 50 Crawley Green Road, Luton, Bedfordshire, LU2 0QX

*Guide | £220,000+ (plus fees)

  • Terraced House
  • 5 Bedrooms
  • Tenure: Leasehold

Call the team on 01234 362899 for more information

Auction Date

Wed 13/06/2018

Auction Time

2:30pm

Auction Venue

Venue 360 - 20 Gipsy Lane, Luton LU1 3JH

Viewing Times:

Wed 30 May

13:00 - 13:30

Sat 2 Jun

13:00 - 13:30

Thu 7 Jun

13:00 - 13:30

A five bedroom property currently used as an HMO.

This spacious purpose built five bedroom property set within mature tree lined grounds is located 0.7 miles from Luton station with its links to London. The property is a leasehold townhouse (excluding a basement flat) and presented in good order and is currently being used an an HMO but would alternatively make a spacious family home.

Tenure

Leasehold

First Floor Accommodation:

Entrance hall, kitchen, sitting/dining room leading out to a balcony.

Second Floor Accommodation:

Landing leading to two bedrooms and bathroom.

Third Floor Accommodation:

Landing leading to three bedrooms and a bathroom.

Outside:

There is a balcony located on the first floor off the sitting/dining room and to the front of the property is off road parking. There is also a communal garden area to the rear of the property.

Lease:

125 years from 31/05/1989 (96 years)

Rental Income:

First floor bedroom 1: £470 pcm, First floor bedroom 2: £360 pcm, Second floor bedroom 3: £320 pcm, Second floor bedroom 4: £450 pcm, Second floor bedroom 5: £480 pcm. Current monthly income: £2,080 Income with full paying occupancy: £24,960 p.a.

Ground Rent & Service Charge:

£1,177.90 pa.

Open House Viewings:

Wed 30 May: 13:00 - 13:30 Sat 2 Jun: 13:00 - 13:30 Thu 7 Jun: 13:00 - 13:30

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Luton Borough Council - 01582 546000

Solicitors

Neves Solicitors, 6-8 Stuart St, Luton LU1 2SJ, Ref: Haqib Iqbal - haqib.iqbal@nevesllp.co.uk, Tel: 01582 725311

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £900 incl. VAT.

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