Description
** A ONE BEDROOM TO FLOOR FLAT WITH 108 YEAR LEASE ** IDEAL BUY TO LET WITH UP TO 13 % GROSS RENTAL YIELD ** FEATURES GAS HEATING SYSTEM, DOUBLE GLAZING, MODERN OPEN PLAN LAYOUT, C RATED EPC. CLOSE TO LEAGRAVE STATION IN THE LU3 LUTON AREA.
Ideal buy-to-let investment located in the heart of Luton’s LU3 district, just 0.6 miles from Leagrave Train Station and close to Luton Town Centre. This top-floor flat offers a well-designed open-plan layout with entrance hallway, lounge/kitchen, double bedroom, and shower room. Benefits include gas central heating (untested), double glazing, a long lease with approximately 107 years remaining, and access to a residents’ car park at the rear. In need of some improvement, but with a potential rental income of £850 PCM, this property offers a fantastic gross yield of up to 13%, making it an excellent investment opportunity
INSIDE COMMUNAL ENTRANCE
ENTRANCE HALL
OPEN PLAN LOUNGE/KITCHEN 15'5 X 9'7
KITCHEN AREA
LIVING ROOM AREA
BEDROOM 10'3 X 9'7
SHOWER ROOM
OUTSIDE COMMUNAL CAR PARK TO REAR, with access from the side, it is understood there are rights to park one car per flat, please refer to the legal pack for clarification
LEASE DETAILS A lease term of 125 years with 107 unexpired, ground rent £200 PA for any applicable service charges please refer to the legal pack
Tenure: Leasehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
Buyers Premium - £2,000 + VAT
Administration Charge
Administration Charge - £900 + VAT
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 01908 030127 for more information
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