Auction House / London
  • For Sale By Unconditional Online Auction
  • Guide Price* : £25,000-£45,000
  • Auction Ended 10/06/2025
  • Lot 11

Flat 5, 27 Biscot Road, Luton, Bedfordshire, LU3 1AH

*** Addendum ***

For the avoidance of doubt, the admin fee for this lot is £3,600 incl. VAT and not as previously stated. This fee is payable to the auctioneer.

A Vacant First Floor Studio Flat

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Wardown Park are within easy reach. Transport links are provided by Luton rail station and the M1.

Description

The property comprises a first floor studio flat situated within an end of terrace building arranged over ground and two upper floors.

Accommodation

First Floor
Studio Room with Kitchenette
Bathroom

Tenure

Leasehold. The property is held on a 99 year lease from 1st November 2003 (thus approximately 77 years unexpired).

Tenancy

The rental income is expected at £1,000 per calendar month.

Note

When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

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.

Administration Charge

£3,600 incl. VAT

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* Guide | £25,000-£45,000
  • Tenure: Leasehold. The property is held on a 99 year lease from 1st November 2003 (thus approximately <b>77 years unexpired</b>).
  • Unconditional (Immediate Exchange)

Call the team on 020 7625 9007 for more information

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Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.