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29, Gardener Court, London Road
Bedfordshire,
LU1 3SJ
Guide Price
Flat/Apartment
1
1
1
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FOR SALE BY AUCTION ON WEDNESDAY 18TH SEPTEMBER 2024 COMMENCING AT 1PM - SALE VIA A LIVE STREAMED AUCTION
GUIDE PRICE £100,000 TO £115,000
VIEWINGS BY APPOINTMENT
This well proportioned top floor, purpose built apartment is offered at auction with vacant possession and would be a great prospect for a buy to let investment or a home to improve. It is being offered with a new lease term of 125 years and peppercorn ground rent. Features include a good size entrance hall with two storage cupboard, spacious living room with access to a balcony, separate kitchen, double bedroom, white bathroom suite with shower over bath, double glazed windows, gas heating with Vaillant Gas Boiler, communal gardens and on road communal parking facilities. With decorative improvement a rent of around £850 PCM should be achievable which would represent a Gross Yield of up to 9 %. Located in the Luton village of Caddington, within easy reach of the M1 Motorway local amenities.
With stairs to all floors, the property can be found on the top floor
Front door, two separate storage cupboards, radiator, door to
3.12m x 2.21m (10'3 x 7'3)
Fitted kitchen with a range of wall and base units, rolltop worksurfaces, stainless steel sink unit, tiled splashbacks, space for appliances, wall mounted Vaillant gas boiler, double glazed window to front.
4.50m x 3.18m (14'9 x 10'5)
Double glazed windows and doors to balcony, radiator.
3.91m plus recess x 2.67m (12'10 plus recess x 8'9
Double bedroom with double glazed window to rear, radiator.
1.98m x 1.68m (6'6 x 5'6)
With a three piece white suite, with low level WC, sink unit, bath with mixer tap and electric shower over. Tiled to bath area, extractor fan, radiator.
Laid to lawn
On street communal parking
The property appears to be connected to mains water/drainage, domestic gas and electricity. Bidders should make their own enquiries for verification,
Luton Council - Band A
We are advised the property will be sold with a new lease of 125 years and a peppercorn ground rent, with an annual service charge of £261, please see the legal pack for clarification and these figures are a guide that should be verified against the legal pack prior to bidding.
*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.
The purchaser will be required to pay an administration charge of £1,200 (£1000 plus VAT).
The purchaser will be required to pay a premium charge of £1,200 (£1000 plus VAT).
From the M1, take junction 10 and follow the A1081, at the second roundabout follow London Road and turn right on to Cuttenhoe Road and Gardener Court can be found on your right.
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