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Studio flat for sale
Biscot Road, Luton
£40,000
Biscot Road, Luton
£40,000
Our Summary
- ** FOR SALE BY LIVE NATIONAL AUCTION TUESDAY 28TH JANUARY 1PM ** BID ONLINE, BIDS OPEN FOR 24 HOURS** ** VIEWINGS BY APPT 11/01/25 12:15PM TO 13:15PM****UP TO A 20 % GROSS RENTAL YIELD
- In need of general decoration and improvement, but offered chain free and with vacant possession
- With some improvement this property should generate around £800 PCM in rent, making it an exceptional buy to let prospect
- 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 top-floor studio flat in Luton is being sold by live national auction on January 28th. The property, which is chain-free and offers vacant possession, is in need of general decoration and improvement. With a 99-year lease remaining, it features an open-plan living and kitchen area, shower room, and communal rear patio/lawn. The property is close to public transport and amenities, making it an ideal investment opportunity or first home. With some improvement, it could generate around £800 PCM in rent, offering a potential 20% gross rental yield. The property is being sold with a guide price and is available to view by appointment on January 11th.