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11 bedroom block of apartments for sale
Anfield Court, Liverpool Road, Luton
£875,000
Anfield Court, Liverpool Road, Luton
£875,000
Our Summary
- ** FOR SALE BY AUCTION ON WEDNESDAY 30th APRIL 2025 COMMENCING AT 1PM ** SALE VIA A LIVE-STREAMED AUCTION ****GUIDE PRICE £875,000 TO £1,000,000 ** VIEWINGS BY APPT **A rare investment opportunity to acquire a FREEHOLD apartment block, let and generating in excess of £86,000 in annual rent
- The building requires improvements to the communal areas, and some apartments would benefit from some decoration
- 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
A rare investment opportunity is available to acquire a freehold apartment block in Luton, generating over £86,000 in annual rent. The property consists of eight apartments, five one-bedroom units, and three two-bedroom units, including maisonettes. The building requires improvements to the communal areas, and some apartments would benefit from decoration. All apartments have modern fitted kitchens and double-glazed windows. The property is being sold as an ongoing investment, offering passive income and potential for future capital appreciation. The seller has provided a schedule of current rental income, and the property can be viewed by appointment. The guide price is £875,000 to £1,000,000, and the property will be sold at auction on April 30th, 2025, starting at 1 pm.