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An End of Terrace HMO Arranged to Provide Six Self-Contained Letting Rooms Fully Let Producing £36,036 Per Annum. Estimated Rental Value based on the Local Housing Allowance (LHA) Rate is £50,263.20 Per Annum (Source: LHA Website, Subject to Condition, their Terms and Current Requirements).
The property comprises a six bedroom mid terrace HMO arranged over ground and first floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of People's Park are within easy reach. Transport links are provided by Luton rail station.
Accommodation
Ground Floor Three Self-Contained Letting Rooms Each with Kitchenette and WC First Floor Three Self-Contained Letting Rooms Each with Kitchenette and WC
Exterior
The property benefits from off street parking to the rear.
Tenancy
The property is subject to Individual Assured Shorthold Tenancies at a combined rent of £3,003 per calendar month. Please refer to the legal pack for the full Tenancy schedule.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
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
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.