** SPACIOUS MODERN APARTMENT IN LUTON WITH 105 YEAR LEASE & ALLOCATED PARKING SPACE ** Located close to Luton Town Centre and amenities including transport links. In need of cosmetics, but once improvements are made we would expect a gross annual rent of £12,000 to £13,000. And with its long lease in place, it provides an opportunity for capital growth.

This town centre located one bedroom ground floor flat would be an ideal property to add to your buy to let portfolio, with a potential annual rental income of £12,000 to £13,000 providing an attractive gross yield. In need of general decoration and improvement, but comes with the benefit of a lease term in excess of 100 years and a keen auction guide price. Located within easy reach of the Town Centre and transport links to include Luton Central train station. Call Auction House Beds and Bucks now to find our more information and book a viewing by appt. ACCOMODATION COMMUNAL ENTRANCE ENTRANCE LOUNGE 17'7 X 14 KITCHEN AREA 10'5 X 7'8 BEDROOM 13'4 X 11'8 BATHROOM 7'8 X 5'6 OUTSIDE COMMNUNAL GARDENS PARKING One allocated parking space

Tenure

See Legal Pack

COMMUNAL ENTRANCE

With intercom entry system, the property is situated on the ground floor of the building

ENTRANCE HALL

Front door, built in storage cupboard, airing cupboard with hot water tank, storage heater, door to

LOUNGE AREA

With windows and french doors to a covered balcony area, storage heater, open plan to

KITCHEN AREA

Window to side, a range of fitted wall and base units, rolltop worksurfaces, sink unit, built in oven/hob and filter hood, laminate floor.

BEDROOM

Window to front, storage heater.

BATHROOM

With full size bath, sink unit, WC, heated towel rail and part tiled walls

OUTSIDE

COMMUNAL GARDENS

With raised patio area and steps down to a lawned area

PARKING

We understand the property benefits from undercover residents parking, but this needs to be verified via the auction legal pack for guidance for clarification

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Luton Borough Council

Solicitors

Equivo Limited, Ref: Equivo Limited, Tel: 0330 9001000

Additional Fees

Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1,200 (£1000 plus VAT)

Administration Charge - The purchaser will be required to pay an administration charge of £960 (£800 plus vat)

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.