** STUDIO FLAT, CLOSE TO LUTON TOWN CENTRE ** EXCELLENT RENTAL POTENTIAL WITH UP TO A 20 % GROSS YIELD POSSIBLE ** Within walking distance of local amenities in a very popular rental area and situated in a quiet residential side street. In need of renovation with scope to add value.Auction House Beds and Bucks are pleased to present this excellent value first floor studio flat for renovation. Accommodation comprises a communal entrance, a 13 x 12 studio room (bedroom/living room) separate kitchen and a shower room. The property features double glazed windows, electric heaters, and a 99 year lease with 79 years unexpired. With improvements made this property should generate around £750 PCM in rent, which would be a GROSS YIELD OF UP TO 20%!! Located in a quiet residential area, within walking distance of Luton Town Centre and Train Station, making it an ideal candidate for a rental investment. ACCOMODATION Communal Entrance Studio Room 13 x 12 Kitchen 9'4 x 5'10 Shower Room PARKING On street parking Tenure: LeaseholdLease Details: 99EPC Rating: E LEASE DETAILS: 99 YEAR LEASE FROM 2005, WITH 79 YEARS UNEXPIRED. PEPPERCORN GROUND RENT, SERVICE CHARGE INFORMATION CURRENTLY AWAITED, PLEASE SEE LEGAL PACK

Additional Fees

Buyer's Premium - Buyers Premium - £1,500 + 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.