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Studio flat for sale
Castle Street, Luton
£40,000
Castle Street, Luton
£40,000
Our Summary
- ** FOR SALE BY AUCTION ON WEDNESDAY 2nd JULY 2025 COMMENCING AT 1PM ** SALE VIA A LIVE-STREAMED AUCTION ****GUIDE PRICE £40,000+ ** VIEWINGS BY APPTThis first floor studio flat is presented in modern decorative order and benefits from a 125 year lease term with 107 years remaining
- 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 first-floor studio flat is located close to the town center and public transport, making it an ideal property for a rental portfolio. With a 125-year lease term and 107 years remaining, it offers a strong rental yield and a good medium to long-term investment opportunity. The flat features an open-plan living/bedroom/kitchen area, a separate shower room, and communal entrance. It is situated within a short drive to the M1 Motorway and Luton Airport, making it easily accessible. The property is being sold via a live-streamed auction on July 2nd, 2025, with a guide price of £40,000+. Potential buyers can register to bid and view legal documents on the auction house's website.