1 bedroom flat for sale

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1 bedroom flat for sale

Kimpton Road, Luton
£195,000

Our Summary

  • FOR SALE BY AUCTION ON WEDNESDAY 24TH OF JULY 2024 AT 1 PM SALE VIA A LIVE-STREAMED AUCTION GUIDE PRICE: £195,000VIEWING TIMES: BY APPOINTMENT ONLY, PLEASE CALL TO ARRANGEThis is a fantastic opportunity to purchase a second floor one-bedroom luxury apartment situated in the heart of Luton Town Centre within walking distance to Luton Airport and London DART Parkway
  • 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 is a spacious one-bedroom luxury apartment located on the second floor in the bustling Luton Town Centre, within a stone's throw from Luton Airport and the London DART Parkway. The property is in excellent condition, boasting a modern open-plan lounge/kitchen/diner, a comfortable double bedroom, and a family bathroom. It benefits from a 24-hour concierge service, access to well-maintained communal gardens, and is presented with vacant possession, ready for immediate occupation. The apartment is part of a secure development with fob access to the communal areas and lifts, ensuring privacy and security. With a vacant possession, it is currently generating a rental income of £1,100 per calendar month, yielding 6.2%, and has a 999-year lease from 2021 with a peppercorn ground rent and service charges of £933.32 for the last six months. The property is being sold via a live-streamed auction on July 24, 2024, with a guide price of £195,000, and potential buyers should be aware of additional fees and disbursements, including a buyer's premium of £1,500 plus VAT and an administration fee of £950 plus VAT.
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