Initial price	£90,000
12/10/24	£75,000
Price Change	-16.67%

This one-bedroom ground floor apartment is being sold by auction with a guide price of £75,000 to £85,000. The property is currently let to two tenants, generating a 11% yield of £12,600 per annum. Located in a prominent location near Luton Town Centre, the apartment offers easy access to London via the local train station and other amenities. The property features approximately 300 sq ft of living space, including an entrance hall, kitchen, bathroom, and bedroom, as well as parking to the rear and a private grass area to the front. The property comes with a 99-year lease, with a ground rent of £150 per annum and a service charge of £1,659.08 per annum. The apartment is available for viewing, and the auction will take place on November 20th, 2024.