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Studio flat for sale
Ashburnham Road, Luton
£36,000
Ashburnham Road, Luton
£36,000
Our Summary
- ** FOR ONLINE AUCTION TUESDAY 24TH NOVEMBER ** BIDDING WILL BE OPEN FOR 24 HOURS FROM 1PM ON 23/11/25 ** GUIDE PRICE £46,000+ CALL FOR VIEWINGS ** Ground floor studio flat for refurbishment, located within easy reach of Luton Town Centre and local amenities
- 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
Description
This property is a ground floor studio flat located in Luton Town Centre, available for refurbishment and online auction on November 24th. The property features a communal entrance, open-plan studio room with kitchen area, large walk-in cupboard, separate shower room, and on-street parking. With a 99-year lease from 2005 and peppercorn ground rent, the property has the potential to generate a gross yield of up to 18% once refurbished and rented out. The guide price is £46,000+, and the property is being sold with a buyer's administration charge of £1,140 and a buyer's premium charge of £1,440. Viewings are available by appointment, and potential buyers must register to bid and view legal documents on the auction house's website.