Sold £55,000
- Flat
- Tenure: Leasehold.
Call the team on 01908 030127 for more information
A fantastic opportunity to purchase a top floor studio apartment fully let on an Assured Shorthold Tenancy.
This studio comprises living room, kitchen, bedroom and shower room. The property is let on an Assured Shorthold Tenancy generating £570.00 per calendar month, a total of £6,840 per annum, providing a gross yield of 10.5%. Due to the current upward trend in rental values it may be possible to improve on the yield in the future.
Tenure
Leasehold.
Please note that every endeavour has been taken to ensure accuracy of any lease information but we advise any prospective purchaser to have this checked by their own legal representative.
ACCOMMODATION
Communal entrance hall, private entrance, living room, kitchen, bedroom and shower room.
LEASE INFORMATION
The lease has 106 years remaining. There is service charge of approximately £124.35 per annum.
Energy Efficiency Rating (EPC)
Current Rating D
Local Authority
Luton Borough Council
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.
Additional Fees
Buyer's Premium - The purchaser will be required to pay a buyers premium of £1800 (£1500 plus VAT)
Administration Charge - The purchaser will also be required to pay an administration charge of £900 (£750 plus VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Floor Plans
Click the image to view the full-sized floorplan.
