2 bed flat for sale in The Ridings, Luton, Bedfordshire LU3, £160,000

160,000.00

Offer Nr.:
65268291
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
easyProperty
Phone(s):
020 8166 8472

* Leasehold
* Fantastic Investment Opportunity
* Tenanted (Can be let as vacant)
* Nearly 7% Net Yield At Market Rate
* Parking Space
* Kitchen/Breakfast Room
* EPC Rating: D
* Council Tax Band: B
* Lease Length: 92 Years Remaining of 125 Year Lease
* Ground Rent: £300 per annum
* Service Charge: £1440 per annum
This two bedroom duplex, with ground - floor entrance, is decorated to a high
standard in a contemporary style. The property comes tenanted, making it a
perfect investment opportunity. It can also be sold as vacant on completion,
which means this will be an ideal home for a small family.
This home is set on three levels, entering on the ground floor where you will
immediately take stairs to the first floor. Here you will find a spacious
reception room and seperate kitchen/breakfast room, complete with appliances.
Take stairs to the second floor, on which two bedrooms and a family bathroom
are situated.
To ensure all boxes are ticked, the apartment comes with an allocated parking
space, conveniently placed right outside your front door. This property is
located within walking distance of Bury Park, with access to every imaginable
amenity, as well as being only a short drive from Luton town centre and main
train station.
The property has an incredible potential yield of nearly 7% (8% gross), so is
a rare find for any investor, whether you are looking for your first
investment property or are an experienced landlord looking to add to your
portfolio.
EPC Rating: D
Council Tax Band: B
Lease Length: 92 Years Remaining (Original Lease of 125 Years)
Ground Rent: £300 per annum
Service Charge: £1440 per annum

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