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Properties for auction in Luton, Bedfordshire

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In a very convenient town centre location near the station, a deceptively large mid terrace building arranged as eleven bedsit rooms and a self-contained studio apartment, all presented in good decorative order. Part Vacant investment let at £50,700 per annum

Tenure
Leasehold. 99 years from 18th January 2013.
Ground rent £22,300 per annum. Fixed rent reviews every three years, refer to lease. Tenant may terminate the lease after 25 years by serving a break notice on the landlord at least six months before the break date.
Location
Luton is located about 30 miles north of London and is an increasingly popular university town being transformed by major regeneration projects
Situated near the junction of Guildford Street and Bute Street in a very convenient central location
The main shopping centre of Luton, with a comprehensive range of retail outlets, is close by
The leisure areas of Barton Hills National Nature Reserve are nearby
The University of Bedfordshire campus is within easy reach
The A505 provides good road links to the airport and M1
Luton
Description
A deceptively large three storey mid terrace building with basement arranged to provide bedsit accommodation and one self-contained studio apartment
The interior, which has gas central heating and part double glazing, is presented in good decorative order with modern kitchen and bath/shower rooms
Accommodation and Tenancies
For a schedule of Accommodation and Tenancies see link opposite.
Total Current Rent £50,700 plus vacant possession of three bedsits

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Guild House, Guildford Street, Luton, LU1 2NR
A deceptively large mid terrace building arranged as eleven bedsit rooms and a self-contained studio apartment
Type: Flat, Residential
Location: Guild House Guildford Street, Luton, LU1 2NR
Images: 7
Brochures: 1
View Property
"** UNSOLD, THE LAST BID WAS £75,000. PLEASE REFER TO AUCTIONEER FOR RESERVE **

A recently refurbished one bedroom ground floor apartment.

One bedroom ground floor apartment well located only 0.7 miles from Luton town centre with its associated amenities. The property has recently been refurbished and is to be sold with vacant posession.

Tenure

Leasehold

Accommodation:

Entrance hall, master bedroom with bay window to the front aspect, sitting/dining room, kitchen with door to the rear garden and family bathroom.

Outside:

There is a rear garden that is shared by the three apartments.

Lease:

99 years from 30 March 1990 (Approx. 70 years remaining).

Auctioneer's Note:

We are advised by the sellers Solicitors that there is an absentee freeholder and thus no ground rent or service charges are being collected.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Luton Borough Council - 01582 546000

Solicitors

Jamesons Conveyancing, 1A Church Lane, Knutton, Newcastle-under-Lyme, Staffordshire ST5 6EP, Ref: Clint Hughes - clinthughes@jamesons-conveyancing.co.uk, Tel: 01782 719 009

Additional Fees

Buyer's Premium - There is no Buyer's Premium payable on this lot.

Administration Charge - Purchasers will be required to pay an administration fee of £900 incl. VAT.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 1, 115, Ashburnham Road, Luton, LU1 1JW
A recently refurbished one bedroom ground floor apartment
Type: Flat, Residential
Location: Flat 1, 115 Ashburnham Road, Luton, LU1 1JW
Images: 6
Brochures: 1
View Property
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