Property Details - Gff Flat 5, Great Downs, 2b Downs Road, Luton

Photo of Gff Flat 5, Great Downs, 2b Downs Road, Luton

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Lot 2

This ground floor purpose built flat forms part of an attractive brick built block under a pitched tiled roof. This lot offers one bedroom accommodation and is presented in very good decorative order. The flat is let on an Assured Shorthold Tenancy for a period of 12 months from 15th May 2015 at a rent of £625pcm (£7500pa). The property will be sold as an ongoing investment with this income. The block also benefits from a security entryphone system and economy seven electric heating. Downs Road is situated tio the West of Luton Town centre with its shopping facilities and main line station with services into London. The M1 and Luton Airport are also within easy reach.

ACCOMMODATION

Entrance Hall ,Lounge/Kitchen, Inner Hallway & Bathroom

TENURE

Leasehold 125 years from 1 January 2005
Ground rent £100 per annum & and increasing by another £100 every 25 years.

LOCAL AUTHORITY & TAX RATING

Luton Borough Council 01582 546000
Council Tax Band A

VIEWING TIMES

By appointment through the Auctioneers

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. 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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

Gff Flat 5, Great Downs, 2b Downs Road, Luton

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