A vacant 1 bedroom first floor modern apartment in Empress Court located in the popular area of Leagrave and within walking distance to the train station providing good access to London. Ideal for owner occupation or letting investment with an estimated rent of £850 PCM, gross yield 8.16% PAX.
Auction date
To be sold by online auction on Friday 31st March 2023 with a 6 WEEK COMPLETION, bidding will open at 10.00.
To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk
Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.
Location
* Close to local schools and amenities * Good access to Luton town centre and central London * Walking distance to Leagrave mainline train station with Thameslink services to London and the south * M1 access at junction 11
Description
* Modern apartment * 1 bedroom * First floor * Ideal for owner occupation or letting investment with an estimated rent of £850 PCM, gross yield 8.16% PAX.
Accommodation
Entrance hall, living room, kitchen, bedroom, bathroom
Outside
Allocated parking
EPC rating
C
Tenure
Leasehold with vacant possession
Lease
125 years from 1 January 2007 - 108 years remaining.
Ground rent and service charge
Please see legal pack for further details. Service charge: £115 PCM. Ground Rent: £125 PAX
Council tax band
A - Luton Borough Council
Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor.
Additional fees
A buyers charge of £1,200 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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