Sold for £88,000

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A town centre 1 bedroom ground floor flat with a private parking space, let on an AST producing £9000 pa.

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Description/Location

Situated in an ideal location close to the town centre and Luton Station (0.6 miles). The flat is let on an AST (periodic status) producing £750 pcm, benefits include gas heating, a contemporary fitted kitchen and allocated off street parking. This is a high yielding residential investment with no monthly service charges.

Tenure

Leasehold: 99 years from 29/09/1988.

Local Authority

Viewing

Please contact Elliott Network Auctions on 01923 240420

Accommodation

Ground Floor: Living room, kitchen, double bedroom, shower room. Outside: Private parking space, communal garden. Energy Rating: C/78

Rent

Current Rent: £9000 pa

Virtual Tour

Virtual Tour Flat 3 Beacon Lodge interior
Additional Virtual Tour video

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.