** GROUND FLOOR STUDIO FOR REFURBISHMENT ** CLOSE TO LUTON CENTRAL ** EXCELLENT POTENTIAL GROSS RENTAL YIELD OF UP TO 18 % POSSIBLE ** 79 YEAR LEASE AND PEPPERCORN GROUND RENT ** Located in the heart of the LU1 district, well situated for access to amenities.Ground floor studio flat for refurbishment, located within easy reach of Luton Town Centre and local amenities. Once refurbished this property should be able to generate around £700 PCM in rent that could equate an attractive gross yield of up to 18 %. Features communal entrance, open plan studio room with kitchen area, large walk in cupboard, separate shower room and on street parking. Lease of 99 years from 2005, with a peppercorn ground rent.INSIDE STUDIO AREA 16 X 9'5 SHOWER ROOM 9'5 X 2'10 CUPBOARD 6'1 X 2'10 OUTISDE, on street parking LEASE DETAILS 99 YEAR LEASE FROM 2005, WITH 79 YEARS UNEXPIRED. PEPPERCORN GROUND RENT, SERVICE CHARGE INFORMATION CURRENTLY AWAITED, PLEASE SEE LEGAL PACKTenure: LeaseholdLease Details: 99EPC Rating: E

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Additional Fees

Buyer's Premium - Buyers Premium - £1,200 + VAT

Administration Charge - Administration Charge - £950 + VAT

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