Biscot Road, Luton
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
452 sq ft
42 sq m
Description
A great investment opportunity, this spacious top-floor two-bedroom flat offers the potential for an impressive gross rental yield of up to 20% (based on the guide price and an estimated rental income of £1,000 PCM). Ideally suited to investors seeking strong returns, the property features two reception rooms, two bedrooms, separate fitted kitchen, shower room, and the added benefit of a residents' car park to the rear. Conveniently located close to Luton town centre and excellent public transport links in the popular LU3 area, the flat is offered with a 99-year lease term, with approximately 79 years remaining, and benefits from a peppercorn ground rent.
REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks
Measurements - Please note maximum floor space measured due to sloping ceilings in some areas of the accommodation
Accommodation -
Communal Entrance - With stairs to all floors, the property is on the top floor
Entrance - Door to
Lounge - 4.70m x 2.21m (15'5 x 7'3) - Double glazed window, eaves storage access, door to bedrooms, doorway to
Dining Room - 4.42m x 3.00m (14'6 x 9'10) - Double glazed window, door to shower room, door to
Kitchen - 2.62m x 2.21m (8'7 x 7'3) - Double glazed window, fitted wall and base units, rolltop work surfaces, sink unit, integrated oven/hob. space for further appliances.
Bedroom One - 3.38m x 2.34m (11'1 x 7'8) - Double glazed window
Bedroom Two/Study - 2.34m x 2.03m (7'8 x 6'8) - Double glazed window
Shower Room - 2.21m x 1.70m (7'3 x 5'7) - Shower cubicle, sink, WC, part tiled walls.
Outside -
Communal Patio - To rear
Parking - Resident car park to the rear, the lease states each flat is entitled to park one vehicle in the car park.
Lease Details - With 79 years unexpired, peppercorn ground rent. SERVICE CHARGES: Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.
Services - No appliances or services have been tested
Council Tax - BAND A Luton Council
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 charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers 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 £3000 (£2500 plus vat)
How To Get There - From the A505 Leagrave Road, turn right into Woodland Avenue and 1st right into Biscot Road where no 21-23 will be on your left hand side with a turning into the private car park just after no 25 Biscot Road
Doisa/0326Sa0435 -
Brochures
Biscot Road, 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- 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
Biscot Road, Luton
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Visit our security centre to find out moreDisclaimer - Property reference 34851106. 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.