Postponed till our next auction on Thursday 3rd November 2022
A modern freehold property arranged as 2 x 1 bedroom self contained flats with parking and a garden. Let producing £14,400 pa
Description/Location
Situated in quiet residential area convenient for the town centre and Thameslink station. The flats are let on ASTs at £600 pm each, there is good potential to increase rents in line with current market rates. Planning was granted by Luton Borough Council for the conversion of a dwelling house to 2 self contained flats Ref: 17/00146 on 30/03/2017.
Tenure
Freehold
Energy Ratings: D
Local Authority
Office Contact
Network Auctions - 020 7871 0420
Accommodation
Rent
Current Rent: £14,400 pa
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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.
Property Information
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