Castle Street, Luton LU1 3
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
16
- BATHROOMS
10
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- FREEHOLD INVESTMENT OPPORTUNITY
- BLOCK OF 10 NEWLY CONSTRUCTED APARTMENTS (6 X 2 BED & 4 X 1 BED)
- INCOME GENERATING APPROX. £150,000 PER ANNUM
- ASKING PRICE £2,300,000
- CONTACT SPICERHAART FOR MORE DETAILS
- CAN BE OFFERED WITH TENANTS IN SITU OR VACANT POSSESSION
Description
The block is set over three floors with two staircases accessing all floors. There are doors to the front and rear, intercom systems to all apartments, communal courtyard to the rear with refuse space, CCTV throughout the common parts and triple glazed to the front and double glazed to the rear.
The building has recently been constructed and was signed off by building control in October 2023 and comes with relevant warranties/guarantees.
Flat 1 - GF 2 bedroom at 57.1 sqm2 / 614 sqft
Flat 2 - GF 1 bedroom at 52 sqm2 / 560 sqft
Flat 3 - GF 2 bedroom at 64.2 sqm2 / 691 sqft
Business Area - B1 (a) - 45 sqm2 / 484 sqft
Flat 4 - FF - 2 bedroom at 63 sqm2 / 678 sqft
Flat 5 - FF - 1 bedroom flat at 52 sqm2 / 560 sqft
Flat 6 - FF - 2 bedroom flat at 64.5 sqm2 / 694 sqft
Flat 7 - FF - 1 bedroom flat at 55.3 sqm2 / 595 sqft
Flat 8 - SF - 2 bedroom flat at 63 sqm2 / 678 sqft
Flat 9 - SF - 2 bedroom flat at 65 sqm2 / 699 sqft
Flat 10 - SF - 1 bedroom flat at 57sqm2 / 613 sqft
We have been advised the owner would be interested in leasing the Business Area and is open to discussions/proposals.
The apartments are all rented on AST's and can be offered with tenants in situation which is generating approx. £150,000 per annum or with Vacant Possession (subject to notice periods).
All viewings must be booked via Spicerhaart with relevant notice for access.
We are inviting unconditional offers of £2,300,000 for the freehold.
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Brochures
Brochure 1Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Castle Street, Luton LU1 3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Luton Station0.6 miles
- Luton Parkway Station0.9 miles
- Leagrave Station2.8 miles
About the agent
Spicerhaart Land, covering North England
889-897 Silbury Boulevard, Milton Keynes, MK9 3XJ
haart’s Land and New Homes division offers strategic expertise for all our estate agency brands in regional offices across both England and Wales.
We provide latest industry information, advice and guidance to developers, housing associations, house builders, registered social landlords, receivers and banks.
The experienced and dedicated team offers useful, up to date advice with support of comprehensive, local market information and an unmatched marketing strategy throughout our
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Visit our security centre to find out moreDisclaimer - Property reference 9927_HRT992700096. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Spicerhaart Land, covering North England. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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