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Studio flat for sale
Ashburnham Road, Luton
£46,000
Ashburnham Road, Luton
£46,000
Our Summary
- ** FOR ONLINE AUCTION TUESDAY 24TH NOVEMBER ** BIDDING WILL BE OPEN FOR 24 HOURS FROM 1PM ON 23/10/25 ** 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 ground floor studio flat is located in Luton town center and is available for refurbishment. 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 a peppercorn ground rent, this property has potential to generate a high gross yield of up to 18% once refurbished. The current guide price is £46,000+, and the property is available for online auction on November 24th, with bidding open for 24 hours from 1pm on October 23rd. The property is easily accessible from Luton town center and local amenities, making it an attractive investment opportunity.