A tenanted one-bedroom first-floor apartment well located close to Luton town centre, 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 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: *
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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