COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 30 March 2021 | Lot 67

Apartment L1:02A, Spring Place Student Halls, Luton, Bedfordshire, LU1 5FT

*Guide | £160,000+ (plus fees)

  • Flat
  • 3 Bedrooms
  • Tenure: Leasehold. The property is held on a 250 year lease from 01/01/2015 (thus approximately 244 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Tue 30/03/2021

Auction Time

12:00

Auction Venue

Live Stream

Viewing Times:

Thu 18 Mar

14:15-14:45

Mon 22 Mar

14:15-14:45

Wed 24 Mar

14:15-14:45

Fri 26 Mar

14:15-14:45

Sat 27 Mar

10:00-10:30

Sat 3 Apr

13:30-14:00

A Three Bedroom Investment Opportunity Situated within Purpose Built Student Accommodation Fully Let Producing £16,680 per annum

The property comprises a shared student living flat arranged to provide three bedrooms all with en-suite and a communal open plan reception room 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 244 years unexpired).

Location

The property is situated minutes from Luton town centre and close to Bedfordshire University, 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 its own communal gardens, gym, cinema & games room, study areas, and roof top terrace. This is alongside necessities such as laundry, Wi-Fi, secure bicycle storage and has 24 hour security.

Tenancy

The property is subject to three separate assured shorthold tenancy agreements producing a combined income of £1,390 pcm.

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 £1,200 inc VAT

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