Description
INVESTMENT APARTMENT – WITH SECURE INCOME STREAM
37 Farley Lodge, Ruthin Close, Luton, Bedfordshire, LU1 5EN
For sale by Auction – Terms & Conditions Apply, Enquire for more details.
Considering offers prior to auction.
Accommodation:
Studio Investment Flat
Open plan living area with kitchenette
Separate bathroom and balcony
Entrance hall, single glazing, electric heating
Tenure:
Leasehold – 62 Years Remaining
The property is currently tenanted achieving a monthly rental of £600 PCM and the tenant is on a 6-year rolling lease agreement.
Service charge £1,350.00 per annum
Ground Rent: £250 per annum
Council Tax Band: A
EPC Rating: D
Location:
Luton is a town and unitary authority with borough status, in Bedfordshire, England. The town is situated on the River Lea, about 30 miles (50 km) north-west of London.
Buyer’s Premium:
Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus, in addition a buyer’s premium of 2% of the sale price, minimum of £4,000 + VAT upon exchange of contracts.
When registering to bid with us we will require 2 forms of ID (Passport, Driving Licence) to fit in line with the Anti Money Laundering Act.