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Sold Prior | Lot 4

Suite F36, London Park House, 146-158 Park Street, Luton, Bedfordshire, LU1 3EY

Sold Prior

  • Studio
  • 1 Bedroom
  • Tenure: Leasehold

Call the team on 01234 362899 for more information

Auction Date

Thu 09/12/2021

Auction Time

3:00pm

Auction Venue

Harben House Hotel, Tickford Street, Newport Pagnell, Buckinghamshire MK16 9EY

A purpose built studio apartment constructed in 2013 within 0.5 miles of Luton town centre and railway station.

A purpose built 1st floor studio apartment located in London Park House within 0.5 miles of Luton town centre and railway station. The property was constructed in 2013 and comprises a living/sleeping area with a private bathroom. Within the complex there is a full time accommodation management and maintenance team, private gym and large entertainment area. The property is being sold with a tenant in situ providing an income generation of £4,800 per annum.

Tenure

Leasehold

Accommodation:

Entrance into the living/sleeping area with a bathroom.

Rental Income:

£400 pcm (£4,800 per annum).

Lease:

250 years from 1 January 2013 (241 years remaining).

Service Charge:

£1,340 per annum.

Ground Rent:

£250 per annum.

Management Fee:

£408 per annum.

Energy Efficiency Rating (EPC)

Current Rating B

Services

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

Local Authority

Luton Borough Council - 01582 546000

Solicitors

Palmers Solicitors, Hassett House, Hassett Street, Bedford, Bedfordshire MK40 1HA, Ref: Yagnesh Shah - yshah@palmers.co.uk, Tel: 01234 211161

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 incl. VAT.

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