5 bedroom apartment for sale
Key information
Property description & features
- Tenure: Freehold
- Multi-unit block of One & Two bedroom apartments
- Combined annual rental income of £42,000 - £45,000 PA
- Allocated off road parking space for each apartment
- Town centre location
- Recently renovated to a high standard
- Offered for sale with the Freehold
- Further development potential on land at rear (ground floor apartment)
- Detailed planning consent reference - LBC 19/00158/FUL
Penrose are delighted to offer this recently renovated Multi-Unit freehold block of three high specification apartments, each with their own parking space, conveniently situated within a central Luton location that would prove to be an ideal, and secure future proof buy to let investment. The block consists of two newly renovated x2-bedroom high specification apartments (circa 565 ft2), and one newly renovated x1-bedroom high specification apartment (circa 495 ft2), which would be expected to generate a combined annual of income of approximately £42,000 - £45,000 PA. All of the amenities of the town centre are within walking distance including Luton's mainline train station with direct lines into London St. Pancras within 25 minutes via the East Midlands Line, as well as J10 of the M1 being within close proximity. The current owners have spared no expense in the properties renovation and any potential purchaser should expect to find tenants for each apartment swiftly. A viewing is highly recommended to fully appreciate what a fantastic investment opportunity this is!
General Dwelling Specification:
High efficiency gas combination boiler (Glowworm Betacom 24c)
Double glazed UPVC windows (FENSA certified)
Premdoor FD60 internal doors (satin white finish) with brushed stainless steel ironmongery
Ultra-low energy LED light fittings
Audio door entry system Electrical spur for intruder alarm system USB plug sockets
Multimedia plate in Lounge and Master Bedroom (wall mount screen option)
Sky Q Television (hard wired)
Hardwired data point in each room
High speed internet backbone cabling structure fitted
The Bathroom Specification:
ROCA brand porcelain ceramic wall and floor tiles (matt finish)
Hudson heated chrome towel rail
Bristan Monoblock aerator tap (chrome finish)
Bristan bath shower mixer aerator tap (chrome finish)
Smart Mirror with LED Lighting and Shaver Socket ROCA
Sanitaryware Kaldwei steel bath Roman shower screen (with easy clean glass)
Floor substrates proofed against water penetration via GRP tanking
The Kitchen Specification:
Shaker style kitchen door fronts (18mm thick)
Grey oak high pressure laminate worktop inc upstand
Brushed stainless steel cooker hood (Lamona)
Brushed stainless steel splash back (Lamona)
Integrated kitchen appliances (Lamona branded including fridge and freezer (full height), washing machine, gas hob, gas oven and extractor)
4 burner gas hob and gas oven ROCA porcelain floor tiles (matt finish)
11mm engineered wood flooring (grey oak; strip wood)
Supplementary Info :
Individual connections and meters for each dwelling (gas, water and electricity)
Detailed planning consent reference - LBC 19/00158/FUL
Building Control Final Certificate for each dwelling (and Common Parts)
10-year warranty / Latent Defects insurance for each dwelling available
Further development potential on land at rear (ground floor apartment)
Our customer appointed Penrose Estate Agents to dispose of the Freehold(s) in an efficient and reliable manner.
New applicants are subject to vetting to ensure they meet the criteria.
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Property reference PNR_PNR_LFSYCL_524_685176414. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Penrose Estate Agents - Dunstable.
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Broadband availability and predicted speed: obtained from Ofcom on February 16, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 16, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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