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Price

Beds

Type

Location

Property Description

FOR SALE BY AUCTION ON WEDNESDAY 24TH OF JULY 2024 AT 1 PM
SALE VIA A LIVE-STREAMED AUCTION
GUIDE PRICE: £250,000
VIEWING TIMES: BY APPOINTMENT ONLY, PLEASE CALL 01908 030127 TO ARRANGE

This is a fantastic opportunity to purchase an eighth-floor two-bedroom, two-bathroom luxury apartment with parking situated in the heart of Luton Town Centre within walking distance to Luton Airport and London DART Parkway. The property is presented in excellent condition with modern appliances, fixtures and fittings. The property would present an ideal home and offers a very good investment opportunity renting for approx £1,500 p.c.m generating £18,000 pa which is a 5.8% yield. The property is currently offered with vacant possession, the internal condition is immaculate and the accommodation comprises an open-plan lounge/kitchen/diner with two bedrooms, one with ensuite and a family bathroom. There is access to a communal rooftop terrace and an allocated parking space. There is a 24-hour concierge service.

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    ACCOMMODATION

    COMMUNAL ENTRANCE HALL

    KITCHEN/LOUNGE/DINER

    KITCHEN AREA

    3.63m x 3.10m (11'11 x 10'02)

    Fitted with a range of floor and wall-mounted cabinets, there are composite worktops and tiled splashback with various underlighting. There is an integrated electric oven with induction hob and extractor above, a fridge/freezer and a stainless steel sink and drainer. There is access to a storage cupboard.

    LOUNGE AREA

    4.24m x 3.48m (13'11 x 11'05)

    A window to the side elevation with TV and telephone points connected, the is access to:-

    DINING AREA

    HALLWAY

    4.06m x 1.50m (13'04 x 4'11)

    Space for freestanding storage and doors to:-

    BEDROOM ONE

    4.52m x 3.61m (14'10 x 11'10)

    Space for a double bed with a window to the side elevation and a door to:-

    ENSUITE

    2.16m x 1.52m (7'01 x 5'00)

    Suite comprising double shower, WC and hand wash basin with tiled walls and splashback.

    BEDROOM TWO

    3.94m x 2.79m (12'11 x 9'02)

    A window to the side elevation with space for a double bed.

    BATHROOM

    2.01m x 2.16m (6'07 x 7'01)

    Suite comprising WC, hand wash basin, bath with shower head over. There are tiled walls and LED downlights fitted with a stainless steel handrail.

    OUTSIDE

    This property comes with one off-road parking space.

    ROOF TERRACE

    The eighth floor has private access to a communal rooftop terrace with fabulous views to the front a rear.

    SERVICES

    Mains water, electric and drainage. None of these services has been tested.

    CONCIERGE

    The management company has a full-time 24-hour concierge on-site.

    TERMS OF THE LEASE

    The property is offered on a 999-year lease commencing 1st January 2021. Service Charges include £1,358.06 for the previous 6 months and £111.90 for a Reserve Fund (last 6 months ). Ground Rent includes £340 p.a.

    HOW TO GET THERE

    From Luton Town Centre proceed in a south eastly direction along the A505 toward the University of Bedfordshire. Upon the roadabout take the third exit onto Windmill Road taking the first exit onto Kimpton Road where the property can be found on the left-hand side. The entrance to the apartment is via the middle doors with Calibra Court titled above.

    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 FEE

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

    BUYER'S ADMINISTRATION FEE

    The purchaser will be required to pay a buyer's administration fee of £950 plus VAT.

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