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£75,000 Offers in excess of Mortgage options

Studio for sale

Olympic Close, Luton

Sold STC

£75,000 Offers in excess of Mortgage options

Studio for sale

Olympic Close, Luton

Sold STC

Description

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Property features

  • Over 900 year lease
  • Currently let at £460 per month to longstanding tenant
  • Transfer of tenancy can be arranged through Penrose
  • £750 per year service charge and ground rent
  • Parking
  • Secure intercom entry

Nearest stations

Leagrave (1.3mi.)
Harlington (Beds) (3.1mi.)
Luton (3.4mi.)

Nearest schools

school icon  Whitefield Primary School (0.3mi.)
Good
school icon  Lea Manor High School Performing Arts College (0.4mi.)
Requires Improvement
school icon  Sundon Park Junior School (0.5mi.)
Requires Improvement

Property description

* 900 year lease and tenant in place *This studio apartment situated within the Northern outskirts of Lutons boarders offers very realistic value for money and a healthy rental return to any buy to let investor. Currently rented at £460 per month to a tenant who has resided in the premises for over seven years. The tenant would like to remain in place so the tenancy would transfer to the new buyer. Penrose are happy to administer this as part of the sale. The block is well kept and maintained by Luton borough council. It has a secure intercom entry and its own private access. The apartment itself comprises of entrance hall, kitchen, bathroom, main living area and built in storage cupboard. With a + 900 year lease and reasonable service charges and ground rent this is a great chance to start or add to a portfolio.

Entrance Hall - 9' 5'' x 2' 10'' (2.87m x 0.86m)

Kitchen - 9' 0'' x 5' 6'' (2.74m x 1.68m)

Bathroom - 6' 3'' x 5' 1'' (1.90m x 1.55m)

Living Room - 16' 3'' x 10' 10'' (4.95m x 3.30m)

Sleeping Area - 6' 10'' x 5' 1'' (2.08m x 1.55m)

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Map

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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Call 01582 955839

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Property reference 9689206. 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. This property advertisement does not constitute property particulars. The information is provided and maintained by Penrose Estate Agents - Luton. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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