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204 Block A, Opto Village, 4 Dumfries... 1 bed flat for sale
204 Block A, Opto Village, Spring Place Student Halls, 4 Dumfries Street, Luton, LU1 5FT
£20,000
204 Block A, Opto Village, Spring Place Student Halls, 4 Dumfries Street, Luton, LU1 5FT
£20,000
Our Summary
- LOT 100C **FOR SALE BY ONLINE AUCTION** on 4th December 2025 Leasehold Studio Apartment Investment Situated off Chapel Street, close to the amenities 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 studio apartment is located on the third floor of a purpose-built block off Chapel Street, close to Luton Town Centre and Luton Train Station. The apartment is currently let on an Assured Shorthold Tenancy at £620 per calendar month, producing an annual income of £7,440. The lease has approximately 240 years unexpired and a ground rent of £350 per annum rising. The property has a studio room and shower/WC and is rated B for energy efficiency and Council Tax Band A. The guide price for the property is not specified, but the seller's minimum expectation is within a range that will be continually updated on the website up until the auction date. A buyer's fee of £1,200 incl. VAT will be payable to McHugh & Co for lots sold over £10,000, or £300 incl. VAT for lots sold for less than £10,000.