Property for Auction in Bedfordshire and Buckinghamshire - Apartment 24, The Academy, Holly Street, Luton, Bedfordshire LU1 3DD

** MODERN ONE BEDROOM FLAT WITH PARKING & PRIVATE BALCONY, LOCATED, CLOSE TO M1 AND LUTON TOWN CENTRE ** EXCELLENT RENTAL VALUES OF UP TO £1000 PCM ** VACANT POSESSION ** 473 SQFT OF LIVING SPACE ** This spacious and modern one-bedroom apartment is offered to auction with vacant possession and benefits from a long lease term with approximately 105 years remaining. The well-designed accommodation provides around 473 sq ft of living space, including an entrance hall, a generously sized open-plan lounge and kitchen area, a double bedroom, and a separate bathroom. Additional features include double glazing, a private balcony, and undercover parking within the residents’ car park. Conveniently located close to Luton town centre, public transport links, the M1 motorway, and Luton Airport, the property presents an excellent investment opportunity. With an estimated rental value of up to £1,000 per calendar month, it offers the potential for a gross rental yield in excess of 10%, making it an attractive proposition for buy-to-let investors. INTERNAL PHOTOS/FLOORPLAN TO FOLLOW SHORTLY Tenure Leasehold. 125 INSIDE COMMUNAL ENTRANCE WITH INTERCOM ENTRY

ENTRANCE HALL

OPEN PLAN LOUNGE/KITCHEN

LOUNGE AREA 13 X 12

KITCHEN AREA 11 X 8

DOUBLE BEDROOM 13 X 11

BATHROOM 7'5 X 6

PARKING: ONE ALLOCATED UNDERCOVER PARKING SPACE

LEASE DETAILS

125 YEAR TERM WITH 105 YEARS UNEXPIRED, FOR ANY GROUND RENT & SERVICE CHARGE INFORMATION PLEASE REFER TO THE LEGAL PACK Energy Efficiency Rating (EPC) Current Rating D Local Authority Luton Borough Council Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Buyer's Premium - The purchaser will be required to pay a buyers premium charge of £1500 (£1250 plus VAT). Administration Charge - The purchaser will be required to pay an administration charge of £1,080 (£900 PLUS VAT) Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.