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Flat 5, 59, Castle Street
Bedfordshire,
LU1 3AG
Guide Price
Studio
1
1
1
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** FOR SALE BY AUCTION ON WEDNESDAY 25th JUNE 2025 COMMENCING AT 1PM ** SALE VIA A LIVE-STREAMED AUCTION **
**GUIDE PRICE £40,000+ ** VIEWINGS BY APPT
This first floor studio flat is presented in modern decorative order and benefits from a 125 year lease term with 107 years remaining. Located close to the Town Centre and public transport, this would be an ideal property to add to a rental portfolio. With strong rental demand, this should generate a very attractive yield and make a good medium to long term investment. Features communal entrance, open plan living/bedroom/kitchen area 18'5 x 14'3 and a separate shower room. Situated within a short drive to the M1 Motorway and Luton Airport. Call us now for more information.
TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks
With stairs to 1st floor, door to
4.34m x 5.61m (14'3 x 18'5)
With large bay window to rear, laminate flooring. Cupboard housing water heater, intercom entry phone receiver.
With a range of fitted wall and base units, integrated oven/hob/filter hood and sink unit.
1.32m x 1.27m (4'4 x 4'2)
Tiled walls, shower cubicle, WC and sink unit.
On road parking in the local side streets subject to local parking rules.
With a 125 year lease term with around 107 years remaining. Ground rent and service charge information awaited, please see legal pack for clarification
Band A Luton Council
*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 £1,140 (£950 plus VAT).
The purchaser will be required to pay a buyers premium charge of £2000 plus vat (£2400)
From the M1, junction 11, follow the A505 to the Castle Street roundabout and take the third exit on to Castle Street. The property will be on your left.
2705SA
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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
