2 Bed Flat For Sale Midland Road, Luton, LU2

£245,000- Flat

1 of 12
  • Description
  • Street View
  • Maps
Last Updated: 23rd March 2024

Description

*RECENTLY BUILT TWO DOUBLE BEDROOM EXECUTIVE APARTMENT*

INDIGO RESIDENTIAL are delighted to be marketing this two double bedroom third floor apartment with a long lease and private parking gated parking space.

DESCRIPTION:

The property briefly comprises of an entrance lobby with several lifts up to all levels and secure entry doors. The apartment which is situated on the third floor has a large entrance hall with doors leading into all the rooms. The lounge/diner has laminate flooring and a double glazed door leading out to the private balcony. The kitchen has fitted eye and base level units with space for white goods and and an integral oven/hob.
Both bedrooms are good sized doubles and have fitted laminate flooring along with double glazed windows. The bathroom has been tiled and boasts a white suite with shower over the bath.
Externally there is a private gated parking space.

There are 243 years remaining on the lease with a £1873 service charge per annum and £250 ground rent per year.
Suggested letting potential is circa £1100 per month.

Midland Apartments are located on Midland Road, just a few minutes walk to Luton mainline train station and the town centre. The location makes this apartments an ideal purchase for first time buyers and investors alike. Local shops and amenities are all within close proximity.

An internal viewing is highly recommended.
EPC Rating: B
COUNCIL TAX BAND - B
Agent Details
Indigo Residential
626, Hitchin Road, Luton, LU2 7UG
Show Contact Number
01582 512 000

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£160,000
Luton, LU2
Flat
9.7
£185,000
Luton, LU2
Flat
9.7
£160,000
Luton, LU2
Flat
9.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested