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Sold Prior | Lot 13

Unit T7, 21-25 Chapel Street, Luton, Bedfordshire, LU1 5DA

Sold Prior

  • Studio
  • Tenure: Leasehold

Call the team on 01234 362899 for more information

Auction Date

Thu 04/08/2022

Auction Time

2:30pm

Auction Venue

Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire, MK7 6HL

Viewing Times:

Thu 21 Jul

11:15 - 11:45

Tue 26 Jul

11:15 - 11:45

A purpose built studio apartment located within 0.3 miles of Luton town centre and railway station.

A purpose built studio apartment located in Chapel Street, within 0.3 miles of Luton town centre and railway station. The property was constructed in 2013 and comprises a living/bedroom with a private shower room and there is also a communal kitchen. Within the complex there is a full time accommodation management and maintenance team, private gym, cinema, large entertainment area and spacious roof terrace.

Tenure

Leasehold

Accommodation:

Living/bedroom and shower room.

Lease:

250 years from 1st May 2014 (241 years remaining).

Rental Income:

£400 pcm.

Service Charge:

£475.55 per quarter.

Ground Rent:

TBA

Management Fee:

6.67% of rental income.

Council Tax Band:

A

Open House Viewings:

Thu 21 Jul: 11:15 - 11:45 Tue 26 Jul: 11:15 - 11:45 These are open house viewings, you do not need to make an appointment you can simply attend between the above times.

Energy Efficiency Rating (EPC)

Current Rating C

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 546 000

Solicitors

Hammons Solicitors, 353 Walsgrave Road, Coventry, West Midlands CV2 4BG, Ref: Natalie Gregory - n.gregory@hammonssolicitors.co.uk, Tel: 02476 633 044

Additional Fees

Buyer's Premium - Purchasers will be required to pay a Buyers Premium of £1,200 Incl. VAT.

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.