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Kingham House, 1 Kingham way
Luton
Bedfordshire
LU2 7RG
Somersby Close, Luton, LU1 3XB
Asking price £110,000
Apartment - Studio
- Purpose-built ground floor studio flat
- Long-standing assured shorthold tenancy in place
- Exceptional 999-year lease from 1984 — approximately 957 years remaining
- Peppercorn ground rent — no ground rent liability
- Current rent £7,500 per annum, - potential to increase £9000 subject notices
- Attractive, well-maintained block with immaculate communal grounds
- Allocated parking space
- Gas heating
- Modern bathroom
- Decent sized living area
Exclusive to P&R Property, A fantastic opportunity to acquire a well-situated ground floor studio flat as a ready-made investment, complete with a long-standing, reliable tenant in situ. Purpose-built in the mid-1980s, the flat is looked after well and benefits from a decent sized living area, a modern bathroom and gas heating. It forms part of an attractive, well-maintained block with immaculate communal grounds and its own allocated parking space. This represents a genuine opportunity for an investor to enjoy an immediate and dependable income from day one.
Entrance Hall
Living Room
4.15m x 4.07m (13'7" x 13'4")
Kitchen
1.60m x 2.94m (5'3" x 9'8")
Bathroom
Outside
Allocated Parking space
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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