One Bedroom Flat With Long Lease
Flat 4, 43 Dumfries Street, Luton, Bedfordshire LU1 5BP
£65,000
13 August 2025
GUIDE PRICE
AUCTION DATE
- Flat
- 1 Bedroom(s)
This excellent value 1st floor one bedroom flat is a must see for the investors. Features a long lease term with 114 years remaining and is located in a PRIME rental area with high demand. Accommodation includes communal entrance, entrance hall, open plan dual aspect lounge/kitchen, separate bedroom with an en-suite shower room. Also benefits from C rated EPC that is higher than average. In need of some improvement but with a GROSS RENTAL YIELD of up to 16 % and an expected monthly rental value of up to £900 (after works are carried out) it could be a very attractive purchase that can have value added with decorative attention. Offered with vacant possession and by auction for a fast and easy process. Leasehold. 125 COMMUNAL ENTRANCE ENTRANCE HALL OPEN PLAN LOUNGE/KITCHEN 13'8 X 13'7 BEDROOM 10'4 X 8'4 EN-SUITE SHOWER ROOM COMMUNAL PAVED ENTRANCE YARD PARKING, ON STREET ZONED PERMIT PARKING LEASE DETAILS, 125 YEAR LEASE WITH APPROX 114 YEARS REMAINING, FOR ANY GROUND RENT AND SERVICE CHARGE INFORMATION PLEASE REFER TO THE LEGAL PACK Current Rating C Luton Borough Council 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. Buyer's Premium - The purchaser will be required to pay a premium charge of £3000 (£2500 plus vat)
4, 43 Dumfries St, LU1 5BP
Guide Price
£65,000
Auction Date
13 Aug 2025
Time
13:00
Venue
Online
Auctioneer
Auction House
Auction House
Auction House UK The Barn Newmarket Road Cringleford Norwich NR4 6UE
About Auction House
Auction House UK is a network of property auctioneers who cover the whole of the country. They operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. They have won numerous industry awards over the past five years, including gaining the title of Residential Auction House of the Year and Franchise/Network Group of the Year on multiple occasions.