Sold Prior | Lot -

1 & 1A Hartley Road, Luton, Bedfordshire, LU2 0HX

Sold Prior

  • End of Terrace House
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 01772 772450 for more information

Auction Date

Thu 28/05/2020

Auction Time

12:00

Auction Venue

Online Auction Online Auction,

Investment Opportunity Comprising Two self-contained apartments plus freehold currently producing £8,500 pa

The property comprises an extended two storey end terrace building providing two self contained flats across the ground, first floor and attic. Accommodation 1 Hartley Road – vacant self contained ground floor apartment offering lounge, kitchen and two bedrooms. 1a Hartley Road – occupied self contained apartment arranged over the first floor and attic with self contained entrance from the ground floor and providing living area, kitchen, bathroom and two bedrooms.

Tenure

Freehold

Location

The property is located on Hartley Road close to the junction with Hedsham Road, within close proximity to the centre of the city and nearby railway stations.

Tenancy Schedule

1 Hartley Road – Vacant 1a Hartley Road - Let on an AST from June 2015 at £700 pcm / £8,400 pa Freehold – ground rent £100 per annum (£50 per apartment per annum) Total Income - £8,500 per annum Estimated Income - £17,500 per annum

Tenure

The property is held freehold and is subject to two long leases (see legal pack for further details)

Energy Efficiency Rating (EPC)

Current Rating D & E

Local Authority

Bedfordshire County Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

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