This property is no longer on the market
Studio
Key information
Property description & features
- The Mall & Town Centre Location
- Luton Train Station 2 Minute Walk Away
- Bus Stops 1 Minute Walk Away
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DESCRIPTION:
STUDIO FLAT WITH OPEN LIVING PLAN. Located in the Town of Luton with a potential of achieving a realistic minimum rental income of £650PCM or more. Also ideal for individuals or couples looking for a home in a commuters area. Come inside and have a look !! …
Chain Free flat with high rental yield. Motivated seller who wants it sold fast. Ideal for an investor or a couple looking to get onto the property ladder.
I WANT TO VIEW THIS PROPERTY :
Call us to book a viewing. If we don't answer, please send in your details by clicking the "REQUEST DETAILS" button, we promise to call you back within 24hours.
MY FAVOURITE THING ABOUT THIS PROPERTY
CHAIN FREE! 'Chain free' in a property sale means that the seller of the property does not need to wait for the completion of another property transaction before they can sell their home. In other words, they are not part of a chain of buyers and sellers who are all waiting for their own transactions to complete before moving forward.
HIGH RENTAL YIELD. Excellent property to rent out. Studio flats are always in demand.
DESCRIPTION:
• £130,000
• Tenure - Leasehold
• Length of lease (years remaining) - 107 years
• Annual ground rent amount - £100
• Annual service charge amount - £1282
KEY FEATURES:
· - The Mall & Town Centre Location
· - Luton Train Station 2 Minute Walk Away
· - Bus Stops 1 Minute Walk Away
THIS PROPERTY IS IDEAL FOR:
· Potential of achieving a realistic minimum rental income of £650PCM or more. The demographic of tenants most likely to apply would be working class couples looking to be close to town
· For an individual/couple looking to get on the property ladder for now, before upgrading to a bigger property later on.
FREEHOLD/LEASE DETAILS:
· The property has a lease of 107 from the year 2023.
· Ground Rent of: £100 annually
· Service Charge of: £1282 annually
NEIGHBOURHOOD: Surrounded by families and working professionals | Friendly Area
Open Plan Living
3.63m (11'11") x 5.75m (18'10")
Kitchen Area
2.25m (7'5") x 2.12m (6'11")
Bathroom
1.68m (5'6") x 1.95m (6'5")
PARKING: This property has no ALLOCATED PARKING SPACE – a parking permit would need to be obtained from the council and park on the road. Or pay for "PAY & DISPLAY". Parking is free from 6PM to 8AM.
WHAT IS NEARBY? WHAT IS THE AREA LIKE?:
How far is it from….…?
· Easy access to TOWN CENTRE
· A short drive to LUTON AIRPORT
· Walking distance to the DOCTORS SURGERY & PHARMACY
· Quick hop to the BUS STOP
· A few minutes drive the SUPER MARKET (ASDA, SAINSBURY'S, TESCO)
· Swift walk to the nearest TRAIN STATION
· Brisk walk to the PARK and back
CURRENT TENANTS COMMENTS: "We've been in this property for many years now and would ideally like to remain longer if possible but can move and find another home if need be. The property is perfect for what we need it. Great community nearby with easy access to all the essentials".
SELLERS COMMENTS:
- "A great property which I've had for a long time. Current tenants are fantastic, rent is received on time and I've not needed to spend much on maintenance hence it turned around a good rental yield for the investment".
I WANT TO VIEW THIS PROPERTY :
Call us to book a viewing. If we don't answer, please send in your details by clicking the "REQUEST DETAILS" button, we promise to call you back within 24hours.
LANDLORDS / VENDORS : : : Abbey Property has BUYERS and TENANTS for all types of properties. If you are considering SELLING/RENTING your property, please contact us on[use Contact Agent Button] or via our website Abbey Property Dot Com
DISCLAIMER: We dont not take any responsibility for any misinformation within this advert. You are liable to do your own research and take independent advise.
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*DISCLAIMER
Property reference 101417001984. 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 Abbey Property - Luton.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
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:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
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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