* Ground rent
* Freehold only
Freehold for sale on downs road in luton with ground rent from 4 flats
\ - Freehold for sale
\ - Ground rent from 4 flats
\ - Established residential area of Luton, Beds
\ - Luton mainline Railway within 1 mile
\ - 1 miles off Junction 10 of M1 Motorway
Please note: You are only buying on the freehold and will not own the
properties on the land.
Freehold £65, 000. 00
details:
This listing is for the freehold only the rent generated, will only be from
the annual ground rent from the 4 flats. All of the flats have been sold
leasehold
Location
Luton is a vibrant market town with a population of over 200, 000 residents and
businesses and is situated approximately a 1hour drive to London or a 30
minute train ride from Luton to St Pancras International Station.
Luton is conveniently accessed via junction 10 and 11 off the M1 motorway
making it easy to get to access Luton.
**Description
**
Ultimate Connexions is pleased to present this freehold for sale at a great
price
The ground rent is £300 pa x 4 Flats = £1200. 00PA, rising to £600pa x 4 Flats
= £2400. 00 in 2023
Flat 1 is a 3 - bed
Flat 2 is a 2 - bed
Flat 3 is one bed
Flat 4 is 2 - bed,
The leases for each flat commenced on 24/06/2008 for a period of 99 years – as
of June 2023, 85 years will remain.
**Sale terms
**
For sale: £65, 000. 00
tenure: Freehold only

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