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Studio flat for sale
Unit T7, 21-25 Chapel Street Student Accommodation Chapel Street, Luton, Luton, LU1 5DA
£15,000
Unit T7, 21-25 Chapel Street Student Accommodation Chapel Street, Luton, Luton, LU1 5DA
£15,000
Our Summary
- LOT 120 **FOR SALE BY ONLINE AUCTION** on 17th September 2025 Leasehold Flat Investment Situated on Chapel Street, close to local shopping/travelling facilities available in Luton Town Centre including Luton Train Station
- 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
- Guide prices will be continually updated on our website up until the day of the auction
Description
This leasehold flat investment is located on Chapel Street in Luton Town Centre, close to local shopping and transportation facilities. The property is a purpose-built third-floor studio apartment with a studio room and shower/WC. It is currently let on an Assured Shorthold Tenancy, generating £600 per month, and has a remaining lease term of approximately 239 years. The property is expected to produce £7,200 per annum and is being sold by online auction on September 17th, 2025. The guide price is not specified, but it is expected to be set within a range or no more than 10% above a single figure guide. The buyer will be required to pay a fee of £1,200 incl. VAT for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.