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0 bed Land property

Available

For Sale

Listed May 15, 2024

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£65,000

Available

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01582 487900

By Ultimate Connexions

Description

" FREEHOLD FOR SALE ON DOWNS ROAD IN LUTON WITH 4 RENTED FLATS

Freehold for sale
Ground rent from 4 flats? ? ? ? ?
Established residential area of Luton, Beds
Luton mainline Railway within 1 mile
1 miles off Junction 10 of M1 Motorway

Freehold £65,000.00

DETAILS

This listing is for the freehold only the rent generated, will only be from the annual ground rent from the 4 flats. All of the flats have been sold leasehold

Location

Luton is a vibrant market town with a population of over 200,000 residents and businesses and is situated? approximately a 1hour drive to London or a 30 minute train ride from Luton to St Pancras?International Station.

Luton is conveniently accessed via junction 10 and 11 off the M1 motorway making it easy to get to access Luton.

DESCRIPTION

Ultimate Connexions is pleased to present this freehold for sale at a great price

The ground rent is £300 PA?x 4 Flats £1200.00PA, rising to £600pa x 4 Flats £2400.00 in 2023

Flat 1 is a 3 bed property and are rented?

Flat 2 is a 2 bed?

Flat 3 is one bed?

Flat 4 is 2 bed,?

The leases for each flat commenced on 24 06 2008 for a period of 99 years as of June 2023, 85 years will remain.

SALE TERMS

FOR SALE £65,000.00

TENURE Freehold only "