Olympic Close, Luton

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Olympic Close, Luton

This studio apartment situated within the Northern outskirts of Lutons boarders offers very realistic value for money and a healthy rental return to any buy to let investor. Currently rented at £460 per month to a tenant who has resided in the premises for over seven years. The tenant would like to remain in place so the tenancy would transfer to the new buyer. Penrose are happy to administer this as part of the sale. The block is well kept and maintained by Luton borough council. It has a secure intercom entry and its own private access. The apartment itself comprises of entrance hall, kitchen, bathroom, main living area and built in storage cupboard. With a + 900 year lease and reasonable service charges and ground rent this is a great chance to start or add to a portfolio.

  • Over 900 year lease
  • Currently let at £460 per month to longstanding tenant
  • Transfer of tenancy can be arranged through Penrose
  • £750 per year service charge and ground rent
  • Parking
  • Secure intercom entry

Notice

All photographs are provided for guidance only.

0 bedroom  to buy in Olympic Close, Luton

Olympic Close

£80,000

On Market
Property:
Tenure: Leasehold
Bedrooms: 0
Receptions: 1
Bathrooms: 1

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0 bedroom  to buy in Olympic Close, Luton qrcode

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