3 Bed Flat For Sale Grove Road, Luton, LU1

£301,000- Flat

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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 10th April 2024

Description


** SALE BY AUCTION - 18 April 2024 - Timed Online Auction **

Stunning 3 bedroom executive apartment located in sought after building within Luton. Property will be sold with settled tenant in place giving immediate income of £1,375pcm (£16,500 per annum). Large (807sqft), 3 bedroom, top floor, executive style apartment set in well maintained modern development. Comprises open-plan Kitchen/ Lounge/ Dining Room, 3 Double Bedrooms and 2 Bathrooms. SUPER INVESTMENT OPPORTUNITY with capital growth potential. On a cost per square foot basis, this property is 23% less expensive than average for LU1 1RW. Presented in immaculate order throughout. PERFECT INVESTMENT PROPERTY in HIGH DEMAND LOCATION sold with settled, long-term tenant in place. Immediate rental income of £16,500 per annum (£1,375pcm). Excellent payment history. Rent up to date. 100% PRIME LOCATION within Luton minutes' of the busy town centre boasting over 1 million unique visitors every year with a plethora of local and national retailers, bars, restaurants and attractions

100% PRIME LOCATION within Luton minutes' of the busy town centre boasting over 1 million unique visitors every year with a plethora of local and national retailers, bars, restaurants and attractions. Super location for access to transport including Luton Train Station and London Luton Airport making it one of the most popular commuter destinations for London with the journey taking approximately 35 minutes by rails and covering approximately 34 miles by car or bus.

Auction Details
18 April 2024, 10am-3pm
Timed Online Auction

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Agent Details
Future Property Auctions
241 Kilmarnock Road Glasgow G41 3JF

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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.
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