** GROUND FLOOR MAISONETTE CLOSE TO LUTON TRAIN STATION ** LONG LEASE (106 YEARS) AND OFFERS UP TO A 13 % GROSS RENTAL YIELD **This excellent-value ground floor maisonette, offered for auction, presents an ideal investment opportunity. It benefits from a long lease with approximately 106 years unexpired and offers the potential to achieve up to a 13% gross rental yield at the guide price. Requiring some updating, the property would make an ideal light refurbishment project for either resale or a medium- to long-term rental investment. The property extends to over 400 sq ft and features a modern open-plan layout. This opportunity is further enhanced by its excellent central location, strong local demand, and achievable rental values in the region of £800–£850 per month for comparable propertiesTenure: LeaseholdEPC Rating: F ACCOMODATION ENTRANCE LOUNGE/KITCHEN 17'8 X 10'0 BEDROOM 11'10 X 10'0 SHOWER ROOM OUTSIDE ON STREET PERMIT PARKING LEASE DETAILS: With an unexpired term of 106 years. With a ground of £100 PA subject to review in 2032. SERVICE CHARGES: Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.

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Additional Fees

Buyer's Premium - £3000 (£2500 plus VAT)

Administration Charge - £1,140 (£950 plus VAT).

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