1 Bed Apartment For Sale

A one bedroom first floor apartment well located close to Luton town centre that is currently tenanted, for sale by Public Auction on Wednesday 22nd October 2025.

This spacious one bedroom first floor apartment is ideally located being only 0.6 miles from Luton town centre and mainline station. The accommodation comprises of an entrance hall, sitting/dining room kitchen and a family bathroom. The apartment is currently tenanted providing an annual income of £7,800.

Further enhancing its appeal, the apartment comes with the invaluable benefit of secure gated allocated parking space to the rear of the property.

Tenure:
Leasehold

Lease:
125 years from 10/11/1989 (89 years remaining)

Ground Rent:
£80 per annum.

Service Charge:
£1,125 per annum.

Tenancy:
The property is subject to an Assured Shorthold Tenancy Agreement producing £650 per calendar month.

Viewings:
We will be holding open-house viewings at the beginning of October. As soon as the dates and times have been set, we will let everyone know who has registered for the legal pack via e-mail, and they will also be published on our website.

** The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 22nd October 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 13th October 2025 by following the link below and clicking on the yellow box Register to Bid: **

Council Tax Band:
A

EPC Rating:
C

VAT:
VAT is not applicable

Seller's Solicitor:
Neves Solicitors
Ref: Mahak Khan
6-8 Stuart Street, Luton, Bedfordshire, LU1 2SJ

mahak.

Local Authority:
Luton Borough Council -

Services:
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT