Studio for sale in Cardiff Road, Luton LU1, £50,000
50,000.00
Offer Nr.:
65721840
Type of ad:
for Sale
Property type:
Studio
Bathrooms:
1
Reception rooms:
1
Contact name:
Auction House Beds & Bucks
Phone(s):
01908 711262
Email:
* Leasehold
For sale by auction on Wednesday 8th November 2023 at 1. 00 pm - sale via A
live streamed auction -
guide price: £50, 000 to £65, 000
viewings byappointment only on Saturday 28th October and 4th November at
10: 00AM to 10: 30AM
A fantastic opportunity to purchase a top floor studio apartment fully let on
anAssured Shorthold Tenancy. This property comes to the market situated
within walking distance to the mainline train station and is close to local
amenities in Luton towncentre. 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 thefuture.
**Accommodation**
**Entrance**
**Living Room/Bedroom (5. 49m x 3. 96m (18'84 x 13'99))**
TV point, radiator and space for a large double bed and double wardrobe.
**Kitchen**
Wall and base level units, double glazed window and door to rear elevation,
titanium sink with mixer taps, central heating boiler, electric hob and
plumbingfor washing machine.
**Bathroom (1. 52m x 1. 52m (5'79 x 5'93))**
WC, wash hand basin, shower cubicle, radiator and double glazed window to rear
elevation.
**Services**
Main drainage, water and electricity are connected.
**Council Tax**
Luton Borough Council - Band A
**Local Amenities**
Located a short distance from theUniversity of Bedfordshire, Luton mainline
train station, Arndale Mall and Luton Town Football Club stadium Kenilworth
Road.
**Buyers Premium Charge**
The purchaser willbe required to pay a buyers premium of £1800 (£1500 plus
VAT)
**Buyers Administration Charge**
The purchaser will also be required to pay an administration charge of£900
(£750 plus VAT)
**How To Get There**
From Luton town centre adjacent to the Mall, exit onto St Mary's Road and
approach the A505 roundabout, take the third exit tojoin A505 and follow for
approximately half a mile. Take the first exit at the Castle Street roundabout
to continue on the A505. Approach the traffic lights just past theStewart
Hotel and turn left onto Cardiff Road.
**Terms Of The Lease**
106 Years remaining.
Service charge approximately £124. 00 per annum
There is no ground rentcharge.
**Doiaw18092023/9711**
For sale by auction on Wednesday 8th November 2023 at 1. 00 pm - sale via A
live streamed auction -
guide price: £50, 000 to £65, 000
viewings by
10: 00AM to 10: 30AM
A fantastic opportunity to purchase a top floor studio apartment fully let on
an
within walking distance to the mainline train station and is close to local
amenities in Luton town
bedroom and shower room. The property is let on an Assured Shorthold Tenancy
generating £570. 00 per calendar month,
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
**Accommodation**
**Entrance**
**Living Room/Bedroom (5. 49m x 3. 96m (18'84 x 13'99))**
TV point, radiator and space for a large double bed and double wardrobe.
**Kitchen**
Wall and base level units, double glazed window and door to rear elevation,
titanium sink with mixer taps, central heating boiler, electric hob and
plumbing
**Bathroom (1. 52m x 1. 52m (5'79 x 5'93))**
WC, wash hand basin, shower cubicle, radiator and double glazed window to rear
elevation.
**Services**
Main drainage, water and electricity are connected.
**Council Tax**
Luton Borough Council - Band A
**Local Amenities**
Located a short distance from the
train station, Arndale Mall and Luton Town Football Club stadium Kenilworth
Road.
**Buyers Premium Charge**
The purchaser will
VAT)
**Buyers Administration Charge**
The purchaser will also be required to pay an administration charge of
(£750 plus VAT)
**How To Get There**
From Luton town centre adjacent to the Mall, exit onto St Mary's Road and
approach the A505 roundabout, take the third exit to
approximately half a mile. Take the first exit at the Castle Street roundabout
to continue on the A505. Approach the traffic lights just past the
Hotel and turn left onto Cardiff Road.
**Terms Of The Lease**
106 Years remaining.
Service charge approximately £124. 00 per annum
There is no ground rent
**Doiaw18092023/9711**
Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)
