We would like to use cookies to ensure we give you the best experience on our website. If you consent to us using cookies, please click 'Accept Cookies'.

Price

Beds

Type

Location

Property Description

FOR SALE BY AUCTION ON WEDNESDAY 20TH OF NOVEMBER 2024 AT 1 PM
VIA A LIVE-STREAMED AUCTION GUIDE PRICE: £75,000 TO £85,000
** PLEASE CALL FOR VIEWINGS **
A fantastic opportunity to purchase a one-bedroom ground floor apartment currently let with two tenants paying £525 each per calendar month generating £12,600 pa an 11% yield. The property is located in a prominent location close to Luton Town Centre, offering great access to London via the local train station and further amenities. The accommodation extends to approximately 300 sq ft comprising entrance hall, kitchen, bathroom and bedroom. The property comes with parking to the rear and a private grass area to the front.

  • READ MORE

    ACCOMMODATION

    GROUND FLOOR

    COMMUNAL ENTRANCE

    Entered via a communal front door there is a door to the left leading to:-

    ENTRANCE HALL/LOUNGE

    4.39m x 2.21m (14'05 x 7'03)

    Approached through a solid wood front door there is access to storage, a wood effect floor, space for a bed and doors to:-

    KITCHEN

    2.16m x 1.73m (7'01 x 5'08)

    Fitted with a range of floor and wall-mounted cabinets there is an integrated stainless steel sink with tiled splashback, an electric hob and oven with space for a fridge freezer. There is a window to the side elevation.

    BEDROOM

    4.39m x 2.24m (14'05 x 7'04)

    A window to the front elevation with space for a double bed and wood effect floor.

    BATHROOM

    1.78m x 1.73m (5'10 x 5'08)

    Suite comprising bath with WC and hand wash basin.

    OUTSIDE

    The front garden is attached to the title of flat one.

    PARKING

    There is off-road parking to the rear.

    TERMS OF THE LEASE

    The property is offered with a 99 year lease commencing the 1st Jan 1989. There is a ground rent of £150 p.a and a service charge of £1,659.08 p.a.

    SERVICES

    Mains drainage, water and electricity

    HOW TO GET THERE

    From Luton Town Centre proceed in a north-easterly direction along the A505 turning right onto Telford Way and then proceeding left onto New Bedford Road. Continue along the A6 taking the fourth exit on the left-hand side onto Studley Road, and proceed down the hill where the property can be found on the left-hand side approximately halfway down.

    PRICE INFORMATION

    *Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

    BUYER'S PREMIUM CHARGE

    The purchaser will be required to pay a premium charge of £1,500 plus VAT.

    BUYER'S ADMINISTRATION CHARGE

    The purchaser will be required to pay an administration charge of £950 plus VAT.

Contact Auction House Beds and Bucks

Book a viewing

Enter your details below

If you would like a viewing, or to talk to a member of our team before requesting a viewing, please call our office on 01604 250066

Get property alerts to your inbox

Property Alerts
Pound Sterling icon

Get your Free Valuation

Properties that may be of interest

  • Northampton

    6 Delapre Court, London Road
    NN4 8AT

    Bedrooms

    0

    Bathrooms

    0

    Rooms

    0

    £90,000

    FOR SALE

  • Luton

    Flat 39, Hatton Place, 118 Midland Road
    LU2 0FB

    Bedrooms

    1

    Bathrooms

    1

    Rooms

    1

    £75,000

    FOR SALE

  • Rectory Farm

    64, Ermine Road
    NN3 5ES

    Bedrooms

    3

    Bathrooms

    1

    Rooms

    1

    £150,000

    FOR SALE

  • Corby

    68, Minden Close
    NN18 9EP

    Bedrooms

    4

    Bathrooms

    2

    Rooms

    1

    £125,000

    FOR SALE

  • Links View

    45, Greenview Drive
    NN2 7LB

    Bedrooms

    2

    Bathrooms

    1

    Rooms

    1

    £175,000

    FOR SALE

  • Bletchley

    18, Knaresborough Court
    MK3 7DS

    Bedrooms

    2

    Bathrooms

    1

    Rooms

    1

    £140,000

    FOR SALE

  • Northampton

    Flat 115, Alpha House, Broad Street
    NN1 2HS

    Bedrooms

    2

    Bathrooms

    2

    Rooms

    1

    £105,000

    FOR SALE

  • Stantonbury

    44, Rowle Close
    MK14 6BJ

    Bedrooms

    2

    Bathrooms

    1

    Rooms

    1

    £100,000

    FOR SALE

  • Northampton

    Ground Floor Flat, 143, Colwyn Road
    NN1 3PU

    Bedrooms

    2

    Bathrooms

    1

    Rooms

    1

    £90,000

    FOR SALE

  • Braughing

    PLOT 45, Quinbury Farm, Hay Street
    SG11 2RE

    Bedrooms

    0

    Bathrooms

    0

    Rooms

    0

    £5,000

    FOR SALE

  • Luton

    1, Hadley Court, 26 Studley Road
    LU3 1BB

    Bedrooms

    1

    Bathrooms

    1

    Rooms

    1

    £75,000

    FOR SALE

  • SOLD - STC

    Kettering

    58C, Havelock Street
    NN16 9PZ

    Bedrooms

    1

    Bathrooms

    1

    Rooms

    1

    £55,000

    SOLD

Share this property

Share this property