Flowers Way, Luton
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
667 sq ft
62 sq m
Description
This modern second floor executive apartment presents an outstanding opportunity to acquire a ready-made investment property with an excellent rental income, offering a gross rental yield of between 10.7% and 11.5% (within the guide price range). Finished to a high specification, the property extends to approximately 667 sq ft and features two shower rooms, making it well suited to professional tenants. Situated within a prestigious town centre development, residents benefit from secure entry, a concierge service, and excellent access to public transport links and local amenities. With a 989-year lease, this is a low-maintenance, long-term investment opportunity that would make an excellent addition to an established property portfolio or a strong first buy-to-let investment.
TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks
Particulars Note - Please note some internal images have been digitally enhanced to remove some personal items and clutter.
Accommodation -
Communal Entrance - With intercom entry, security door, concierge desk, lobby area leading to stairs and lifts
Entrance Hall - 5.84m x 1.07m (19'2 x 3'6) - Front door, airing cupboard, videophone receiver, door to
Open Plan Lounge/Kitchen - 6.83m x 3.18m (22'5 x 10'5) -
Lounge Area - Double glazed windows, open to
Kitchen Area - Modern high gloss style kitchen with sink unit, stone style worktop and some integrated appliances
Bedroom One - 4.78m x 2.64m (15'8 x 8'8) - Double glazed window, fitted wardrobe, door to
En-Suite Shower Room - 2.24m x 2.29m (7'4 x 7'6) - Tiled walls and floor, sink unit, WC, extractor fan, heated towel rail and shower cubicle
Bedroom Two - 3.78m x 3.18m (12'5 x 10'5) - Integrated wardrobes
Shower Room - 2.24m x 1.37m (7'4 x 4'6) - Tiled walls and floor, sink unit, WC, extractor fan, heated towel rail and shower cubicle
Outside -
Communal Patio - A paved courtyard accessed from the entrance lobby
Lease Details - With an unexpired lease term of 989 years. The seller advises the property is subject to a ground rent of £225 PA and a service charge of £2831 PA. Please review the legal pack for more information and verification.
Services - No appliances or services have been tested
Council Tax - Band B, Luton
Price Information - Guides 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. Each 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. Additional Fees and Disbursements will be charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyer Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Buyers Premium Charge - The purchaser will be required to pay a buyers premium charge of £1800 (£1500 plus vat)
How To Get There - From M1 Junction 10 (southbound), take the exit signposted Luton (South), Airport and A1081. Follow the A1081 (New Airport Way) towards Luton, then continue straight towards the town centre. At the roundabout, take the exit onto Kimpton Road, following signs for the town centre. Continue ahead, then turn onto Flowers Way
Doisa/14072026Sa0408 -
Brochures
Flowers Way, LutonBrochure- COUNCIL 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Flowers Way, Luton
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Visit our security centre to find out moreDisclaimer - Property reference 34811219. 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 Auction House Beds & Bucks, covering Bedfordshire & Buckinghamshire. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House Beds & Bucks, covering Bedfordshire & Buckinghamshire on 01908 030127.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.