For Sale By Auction | 13:00, 18 September 2024 | Lot 7

29 Gardner Court, London Road, Luton, Bedfordshire, LU1 3SJ

Sold £112,500

  • Flat
  • 1 Bedroom
  • Tenure: Leasehold.

Call the team on 01908 030127 for more information

Auction Date

Wed 18/09/2024

Auction Time

13:00

Auction Venue

Livestream

This well proportioned top floor, purpose built apartment is offered at auction with vacant possession and would be a great prospect for a buy to let investment or a home to improve. It is being offered with a new lease term of 125 years and peppercorn ground rent.

Features include a good size entrance hall with two storage cupboard, spacious living room with access to a balcony, separate kitchen, double bedroom, white bathroom suite with shower over bath, double glazed windows, gas heating with Vaillant Gas Boiler, communal gardens and on road communal parking facilities. With decorative improvement a rent of around £850 PCM should be achievable which would represent a Gross Yield of up to 9 %. Located in the Luton village of Caddington, within easy reach of the M1 Motorway local amenities.

Tenure

Leasehold.

ACCOMMODATION

Communal entrance hall, entrance hall, kitchen, living room, bedroom and bathroom.

OUTSIDE

Communal gardens.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Luton Borough Council

Solicitors

Clarke Willmott, Ref: Carly Blunn, Tel: 0345 209 1303

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - The purchaser will be required to pay a premium charge of £1,200 (£1000 plus VAT).

Administration Charge - The purchaser will be required to pay an administration charge of £1,200 (£1000 plus VAT).

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.