Property Details - 51 Farley Lodge, Ruthin Close, Luton, Bedfordshire

Photo of 51 Farley Lodge, Ruthin Close, Luton, Bedfordshire

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Lot 19

This ground floor purpose-built self-contained flat forms part of a three storey purpose-built block situated within a Cul-de-Sac located off the south side of farley Hill between Stockwood Crescent and Whitehill Avenue within this residential area close to Luton town centre where an extensive range of shopping and recreational amenities are available together with Luton Main Line station. Good road communications link with the M1 Motorway (Junction 10). The property offers studio accommodation with kitchenette and bathroom/WC and the block benefitting from entry phone system and double glazing (no services tested). The property has been let on an Assured Shorthold basis at £475 pm (£5,700 pa) and the tenants are currently holding over on the basis of the original 6 month agreement. The property is sold with the benefit of the ongoing tenancy and will therefore be of interest to investment purchasers.

ACCOMMODATION

Studio room with kitchenette, bathroom and WC
(Please not the property has not been inspected by the Auctioneers).

TENURE

Leasehold - 99 years from 29th September1985 (thus having about 70 years unexpired).
Current Ground Rent: £25 pa.

LOCAL AUTHORITY & TAX RATING

Luton Borough Council. Tel: 01582 546000
Council Tax Band: A

VIEWING TIMES

By appointment with 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.

51 Farley Lodge, Ruthin Close, Luton, Bedfordshire

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