House For Sale £1,380,000
Freehold £1,380,000.00
All flats fully furnished with tenants
A great investment, due to the current climate, has been reduced substantially
- Double Glazed
- Gas Central Heating
- Fully furnished
- All tenanted
- 14 Self contained flats & 1 Commercial Unit
- Established residential/commercail area of Luton, Beds
- Luton mainline Railway within 1 mile
- 1 miles off Junction 10 of M1 Motorway
- walking distance to Luton mall and Bury Park
Ultimate Connexions is pleased to present house converted into 14 self contained flats. Within minutes of M1 Junction 10, and within walking distance of Luton Town Centre, which provide all local amenities.
The flats are of moderate size and character, with carpeted and wood flooring. All of the flats have their own bathrooms, which are generally of good size and currently have electric showers.
All flats are currently rented to long-term tenants.
Current rental rates for the flats are between : £450.00 and £1200pcm
Total rental per month:- £ 9095.00 Per Month / Yearly income of £ 109,140.00PA .
Rental figures stated are current rents being achieved on this block of flats now.
Sale terms
For sale: £1,550,000.00
tenure: Freehold
EPC rating
59 Castle Street – 6 x Studio Flats and 3 x 1 Bedroom Flat
Flat 1 - EPC ? Rating 31.5sqm (1bed) rented at £500pcm
Flat 2 - EPC C rating 23.5sqm (studio) rented £525pcm
Flat 3 - EPC E rating 21sqm (studio) rented at £525pcm
Flat 4 - EPC D rating 32.5sqm (1bed) rented at £450pcm
Flat 5 - EPC D rating 14sqm (studio) rented at £500pcm
Flat 6 - EPC D rating 25sqm (studio) rented at £495pcm
Flat 7 - EPC C rating 34.5sqm (1 Bed) rented at £555pcm
Flat 8 - EPC D rating 18sqm (studio) rented at £495pcm
Flat 9 - EPC D rating 20.5sqm (studio) rented at £495pcm
61 Castle Street 1 x commercial shop 2 x Studio Flats 2 x 2 bedroom flats, 1 x 3 bedroom flat
Commercial Unit
Rateable Value: £3900.00
Base Rate £200.00
Shop rent: £525pcm 23sqm
Flat 1 - EPC C rating 23.5sqm (studio) rented at £500pcm
Flat 2 - EPC D rating 46.27sqm (2 bed) rented at £900pcm
Flat 4 - EPC C rating 46.27sqm (2 bed) rented at £900pcm
Flat 7 - EPC C rating 85.55sqm (3 bed) rented at £1200pcm
Basement Flat - EPC D rating 27sqm - (studio) rented at £550pcm
All flats fully furnished with tenants
A great investment, due to the current climate, has been reduced substantially
- Double Glazed
- Gas Central Heating
- Fully furnished
- All tenanted
- 14 Self contained flats & 1 Commercial Unit
- Established residential/commercail area of Luton, Beds
- Luton mainline Railway within 1 mile
- 1 miles off Junction 10 of M1 Motorway
- walking distance to Luton mall and Bury Park
Ultimate Connexions is pleased to present house converted into 14 self contained flats. Within minutes of M1 Junction 10, and within walking distance of Luton Town Centre, which provide all local amenities.
The flats are of moderate size and character, with carpeted and wood flooring. All of the flats have their own bathrooms, which are generally of good size and currently have electric showers.
All flats are currently rented to long-term tenants.
Current rental rates for the flats are between : £450.00 and £1200pcm
Total rental per month:- £ 9095.00 Per Month / Yearly income of £ 109,140.00PA .
Rental figures stated are current rents being achieved on this block of flats now.
Sale terms
For sale: £1,550,000.00
tenure: Freehold
EPC rating
59 Castle Street – 6 x Studio Flats and 3 x 1 Bedroom Flat
Flat 1 - EPC ? Rating 31.5sqm (1bed) rented at £500pcm
Flat 2 - EPC C rating 23.5sqm (studio) rented £525pcm
Flat 3 - EPC E rating 21sqm (studio) rented at £525pcm
Flat 4 - EPC D rating 32.5sqm (1bed) rented at £450pcm
Flat 5 - EPC D rating 14sqm (studio) rented at £500pcm
Flat 6 - EPC D rating 25sqm (studio) rented at £495pcm
Flat 7 - EPC C rating 34.5sqm (1 Bed) rented at £555pcm
Flat 8 - EPC D rating 18sqm (studio) rented at £495pcm
Flat 9 - EPC D rating 20.5sqm (studio) rented at £495pcm
61 Castle Street 1 x commercial shop 2 x Studio Flats 2 x 2 bedroom flats, 1 x 3 bedroom flat
Commercial Unit
Rateable Value: £3900.00
Base Rate £200.00
Shop rent: £525pcm 23sqm
Flat 1 - EPC C rating 23.5sqm (studio) rented at £500pcm
Flat 2 - EPC D rating 46.27sqm (2 bed) rented at £900pcm
Flat 4 - EPC C rating 46.27sqm (2 bed) rented at £900pcm
Flat 7 - EPC C rating 85.55sqm (3 bed) rented at £1200pcm
Basement Flat - EPC D rating 27sqm - (studio) rented at £550pcm
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