A Three Bedroom Investment Opportunity Situated within Purpose Built Student Accommodation Part Let Producing £6,760 per annum (Two Rooms are Vacant)

The property comprises a shared student living flat to provide three bedrooms each with en-suite facilities and a communal open plan reception with kitchen area. The accommodation is situated on the first floor of a modern purpose built student development arranged over ground and four upper floors.

Tenure

Leasehold. The property is held on a 250 year lease from 01/01/2015 (thus approximately 245 years unexpired).

Location

The property is situated minutes from Luton town centre close to local shops and amenities. There are numerous open spaces within easy reach. Transport links are provided by Luton rail station.

Accommodation

First Floor Three Bedrooms with En-suites Communal Living and Kitchen Area

Exterior

The property benefits from communal gardens, gym, cinema room and roof top terrace.

Tenancy

One room in the property is subject to an Assured Shorthold Tenancy for a term of 42 weeks commencing 15th September 2021 at a rent of £130 per week (two rooms are currently vacant).

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

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