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Offers in excess of
£130,000

1 bedroom flat for sale

Cannon Lane, Luton LU2
Retirement
Chain-free
Sold STC
Flat
1 bed
1 bath
462
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 111 yrs left
Ground rent£425 per annum | review period: unconfirmed
Service charge£3,151 per annum
Council tax, if payableBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Venture Residential
  • 1 Bedroom retirement apartment
  • Private garden area
  • Guest Suite
  • Security entry system
  • Over 60`s only
  • CCTV door entry
  • House Manager
  • 24 Hour emergency call system
  • No Chain
This well-presented one-bedroom ground-floor retirement apartment offers direct access to a private patio. The property features a modern kitchen with integrated appliances, a spacious double bedroom with fitted wardrobes, and a contemporary bathroom.

Olympic Court, developed by the award-winning McCarthy & Stone, is designed to provide secure and independent living for those aged 60 and over. A dedicated House Manager is on-site from Monday to Friday to oversee the smooth running of the development. Residents benefit from a hassle-free lifestyle, with a service charge covering all communal maintenance, including the homeowners' lounge, laundry room, 24-hour emergency call and security systems, external and internal communal area maintenance, water rates, and buildings insurance. For added security and peace of mind, the development features CCTV door entry and a 24-hour emergency assistance system. A guest suite with an en-suite is available for visitors at a small charge, subject to availability.

The annual service charge for the financial year ending 31st March 2025 is £3,151.30. This includes the cleaning of communal windows, the House Manager's salary, electricity, heating, and lighting in communal areas, as well as ongoing maintenance and a contingency fund for future redecoration and repairs. Council Tax, apartment electricity, and TV licence costs are not included in this charge.

Allocated parking spaces are available on a first-come, first-served basis, with a fee of £250 per annum.

The lease term is 125 years from 1st June 2011. The ground rent is £425 per annum, with the next review scheduled for 1st January 2026.

Entrance Hall - 9'2" (2.79m) x 3'3" (0.99m)

Lounge - 15'8" (4.78m) x 10'2" (3.1m)

Kitchen - 6'2" (1.88m) x 5'7" (1.7m)

Bedroom - 13'0" (3.96m) x 8'6" (2.59m)

Bathroom - 6'4" (1.93m) x 5'1" (1.55m)

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Property information from this agent

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About this agent

Venture Residential - Luton
Venture Residential - Luton
9 Compton Avenue Luton, Bedfordshire LU4 9AX
01582 936969
Full profileProperty listings
Venture Residential are a refreshing local independent estate agency focused on bringing London buyers to Luton. This ensures us to achieve the maximum value for our properties and in most cases receiving asking price offers or above. We are a fast growing company with over 25 years combined experience in the property market and all of our team have extensive knowledge about Luton and the surrounding areas. We personalise our service to each client as we understand no two properties are the same and appreciate that each individual client has different needs with selling their property. We will guide you through some of the most difficult decisions buying and selling your property to make it as stress-free as possible. We are proud to offer an excellent service to all of our clients with a great reputation and satisfied vendors. Our expert negotiators have played a big part in our success by having the motivation and drive to go the extra mile for our vendors. If you are thinking of selling or just wondering what your property is worth we will be happy to arrange a free valuation.
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