2 bed flat for sale in Orchid Close, Luton, Bedfordshire LU3, £160,000

160,000.00

Offer Nr.:
65268674
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
Alexander & Co
Phone(s):
01582 944195

* Close to Train Station
* Investor Opportunity
* Leasehold
* Walking Distance of Leagrave Station
* Close to Local Shops and Amenities
* 108 Year Lease
* Service Charge £1, 437. 50
* Ground Rent £150
* Currently Rented At £725pcm
* New Rental Potential £850pcm
* New Boiler fitted June 2022
* Ground Floor
* Two Bedrooms
Alexander & Co are pleased to offer for sale this 2 bedroom ground floor flat
currently rented out at £725pcm. The new market rent would be more in line at
£850pcm which would give a 6% return.
The accommodation includes communal entrance hall, entrance hall,
lounge/dining room, kitchen, two bedrooms, bathroom, double glazing, gas
central heating with new boiler fitted June 2022, allocated parking space,
plus visitors parking bays and communal gardens.
The property is ideally situated for the commuter being within walking
distance of Leagrave train station and a short drive from M1 Junction 11. The
property was built in 2006 and is also within walking distance of local shops
and amenities
Internal viewing is highly recommended through the sellers' agent, Alexander &
Co.
**Entry Phone**
**Communal Entrance Hall**
**Entrance Hall**
**Storage Cupboard**
**Lounge/Dining Room (3. 21m x 5. 52m)**
**Kitchen (2. 28m x 2. 225m)**
**Bedroom One (2. 51m x 4. 22m)**
**Bedroom Two (2. 01m x 3. 59m)**
**Bathroom (1. 71m x 2. 05m)**
**Allocated Parking Space**
**Visitors Parking Bays**
**Communal Garden**
**Ground Rent**
£150 Per Annum (Paid Half Yearly £75)
**Service Charge**
£1, 437. 50 (Monthly £119. 80)
**Lease Approx. **
108 Years Remaining

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