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Flat 1, 6, Cardiff Grove
Bedfordshire,
LU1 1QH
Guide Price
Apartment - Studio
1
1
1
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** FOR SALE BY AUCTION ON WEDNESDAY, 13th AUGUST 2025 COMMENCING AT 1PM
** SALE VIA A LIVE-STREAMED AUCTION ** GUIDE PRICE £50,000 to £60,000 ** VIEWINGS BY APPT **
This ground floor studio flat is located close to the Town Centre and local amenities and is presented to auction as an on-going investment with a Tenant and AST in place from June 2025 generating £550 PCM which translates to a Gross Yield of up to 13 %, making this an attractive proposition. Features larger than average studio accommodation with communal entrance, lounge/bedroom, separate fitted kitchen and separate shower room. The property also benefits from a 995 year lease from 1987 and PEPPERCORN GROUND RENT.
TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks
With front door to
4.39m x 3.53m (14'5 x 11'7)
Double glazed window to front, electric heater, door to
Doors to
3.76m x 1.57m (12'4 x 5'2)
Double glazed window to rear, range of fitted units, sink unit, space for appliances, electric heater
2.79m x 1.30m (9'2 x 4'3)
Modern suite with sink unit, WC, shower cubicle and part tiled walls
On street zoned permit parking via the local authority.
With a lease term of 995 years from 1987 and peppercorn ground rent, for any service charge information please refer to the legal pack
No appliances or services have been tested
Band A
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 premium charge of £3000 (£2500 plus vat)
From Dallow Rd towards Marlow Ave, Turn right onto St Peters Rd, Turn left onto Ashburnham Rd, Continue straight onto Cardiff Rd, Turn left onto Cardiff Grove
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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
