Purpose built in 1985 this two bedroom ground floor flat.
Viewing Details
Open House Viewing Sessions as follows, please confirm your attendance by phoning 01234 362899, thank you. If you cannot make any of the dates / times as scheduled please call us and we shall do our best to accommodate.
Saturday 27th January: 10:30 - 11:00
Friday 2nd February: 12:00 - 12:30
Thursday 8th February: 10:00 - 10:30
Wednesday 14th February: 14:00 - 14:30
Location
Located within easy reach of Luton town centre and all its amenities, 0.7 miles.
Description
Residential Buy-to-Let investment being sold with tenant in situ. The property is a purpose build ground floor apartment with two bedroom and currently achieving a monthy rental income of £650. Off road non-allocated parking and communal garden.
Accommodation
Accommodation:
Entrance hall, sitting/dining room, kitchen, bathroom, two bedrooms.
Exterior
Outside:
Parking space to the side of the property, not allocated and communal garden area.
Tenure
Leasehold. The property is held on a 125 year lease from 25th March 1999 (thus approximately 106 years unexpired). Service Charge: £197 per calendar month. Ground Rent: £76 half yearly
Tenancy
The property is subject to an Assured Shorthold Tenancy expiring on TBA producing £650 per calendar month.
Note
Council Tax rated: Band A.
Ways to Buy - This property is being sold by 'eBay' style Online Unconditional Auction - **auction ends Friday 16th Febuary 2018 12:00 noon**. Please phone 01234 362899 to discuss. To bid visit:
How It Works - Unconditional Timed Auction Online
This is a binding method of sale similar to a traditional multi-lot public property auction. The only difference is the bidding takes place on line. The successful purchaser will be required to pay a 10% deposit on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using your PC, tablet or mobile phone and the minimum amount you can bid is defined by the 'bid increment' level. When you place a bid, the property listing page will show you if your bid was successful and whether or not you are the highest bidder. When you are the highest bidder on a property, if another· bidder outbids you the system will notify you by email so that you can place another bid if you wish. The major difference from eBay is that our system eradicates sudden death 'bid sniping' through the use of auction 'extension times'. If you have any questions or require any clarification please contact the auctioneer.
Lot Type
Residential Investments
EPC Rating
D
VAT
VAT is not applicable
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
Not Applicable
Administration Charge
£900 (£750 + VAT).
Disbursements
Not Applicable
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- Apartment
- 2 Bedrooms
- Tenure: Leasehold. The property is held on a 125 year lease from 25th March 1999 (thus approximately 106 years unexpired). Service Charge: £197 per calendar month. Ground Rent: £76 half yearly
- Unconditional (Immediate Exchange)
Call the team on 0345 873 1366 for more information
Related Documents
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.