** INCREDIBLE INVESTMENT OPPURTUNITY ** A FREEHOLD, block of eight apartments generating in excess of £86,000 in rent. Located in Central Luton, in a high rental demand area. Consists of five one bedroom units and three two bedroom units. Passive income and capital investment growth potential.

A rare investment opportunity to acquire a FREEHOLD apartment block, let and generating in excess of £86,000 in annual rent. Divided into eight apartments, five one-bedroom units and three two-bedroom units (two of which are maisonettes). Located in the heart of Luton, close to the Town Centre and train Station, and a short drive from the M1, in a very popular area for rentals. The building requires improvements to the communal areas, and some apartments would benefit from some decoration. All apartments benefit from modern fitted kitchens and double-glazed windows. Being sold as an up-and-running, on-going investment. This property can deliver passive income and may benefit from future capital appreciation. Please call us now to discuss this in more detail. Anfield Court - Comprises two apartment buildings on one freehold title with five one bedroom flats and three two bedroom flats/maisonettes. To the front the main building features two flats on each of the three floors and the building to the rear consists of a pair of two bedroom maisonettes. The ground floor features two one bedroom flats, the first floor features a one bedroom and a two bedroom flat and the top floor features two one bedroom flats. PLEASE NOTE THE SELLER HAS PROVIDED A SCHEDULE OF CURRENT RENTAL INCOME AS STATED. THIS IS INTENDED AS GUIDE, PLEASE REFER TO THE LEGAL PACK AND ANY TENANCY AGREEMENTS FOR VERIFICATION.

Tenure

Freehold

FLAT A

Entrance Hall - Door to Lounge/Kitchen - 3.53m x 2.90m (11'7 x 9'6) Bedroom - 3.15m x 2.77m (10'4 x 9'1) Shower Room - 2.03m x 1.60m (6'8 x 5'3)

FLAT B

(Currently Under Renovation) Entrance Hall Lounge - 3.71m x 3.56m (12'2 x 11'8) - Kitchen - 2.54m x 1.75m (8'4 x 5'9) - Bedroom One - 3.56m x 3.53m (11'8 x 11'7) - Shower Room - 2.44m x 1.52m (8'0 x 5'0) -

FLAT C

First Floor - Flat C (One Bedroom Flat) - Entrance Hall - Door to Lounge/Kitchen - 3.71m x 3.15m (12'2 x 10'4) Bedroom - 3.15m x 2.95m (10'4 x 9'8) Shower Room - 2.29m x 1.45m (7'6 x 4'9)

FLAT D

Entrance Hall - With airing cupboard and door to Lounge/Kitchen - 5.38m x 3.56m (17'8 x 11'8) - Open plan living area and fitted kitchen Bedroom One - 3.76m x 2.64m (12'4 x 8'8) Bedroom Two - 3.66m x 1.78m (12'0 x 5'10) Shower Room - 2.34m x 1.30m (7'8 x 4'3)

FLAT E

Entrance Hall - Door to Lounge/Kitchen - 3.71m x 3.18m (12'2 x 10'5) Bedroom - 3.25m x 2.87m (10'8 x 9'5) Shower Room - 2.24m x 1.45m (7'4 x 4'9 )

FLAT F

Entrance Hall Lounge - 3.76m x 2.64m (12'4 x 8'8) Kitchen - 2.87m x 1.73m (9'5 x 5'8) Bedroom - 3.76m x 2.54m (12'4 x 8'4) Shower Room - 1.91m x 1.96m (6'3 x 6'5)

GROUND FLOOR MAISONETTE G

Entrance Hall Lounge - 5.28m x 3.35m (17'4 x 11) Kitchen - Separate fitted kitchen Bedroom One - 4.57m x 3.00m (15 x 9'10) - Bedroom Two Shower Room

FIRST FLOOR MAISONETTE H

Landing Lounge - 3.99m x 2.79m (13'1 x 9'2) Kitchen - 2.79m x 1.68m (9'2 x 5'6 ) Shower Room - 2.34m x 1.68m (7'8 x 5'6)

OUTSIDE

There is an external patio/courtyard laid to brick paving with access through the main building and via the shared side walkway.

Energy Efficiency Rating (EPC)

Current Rating FLAT A RATING C, FLAT B RATING C, FLAT C RATING D, FLAT D RATING E, FLAT E RATING E, FLAT F RATING E, FLAT G RATING D, FLAT H RATING D.

Local Authority

Luton Borough Council

Solicitors

Smithfield Partners, Ref: Smithfield Partners, Tel: 01582 368682

Additional Fees

Buyer's Premium - The purchaser will be required to pay an administration charge of £4800 (£4000 plus vat)

Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

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