Detached house for sale in Block Of Apartments, Windsor Walk, Luton LU1
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Property features
- Freehold block of three two bedroom apartments
- Ground floor apartment with courtyard garden
- First and second floor apartments with balconies
- Current rental income of circa £48,000 per year
- Modern and very high quality build
- Town centre location
- Perfect addition to any portfolio
- Currently managed by selling agent who can assist with transfer of tenancies on completion
Property description
Freehold Block Of New Build Apartments Within Luton Town Centre
A superb opportunity within the town centre to acquire this freehold block of three modern and extremely well finished two bedroom apartments. The three apartments are split over the three floors of the building all with two well proportioned bedrooms, living areas leading out to outside spaces, separate integrated modern kitchens and luxury fully tiled bathrooms. Floorplans for each flat can be found on this advert.
The ground floor apartment benefits from a generous walled courtyard garden with the first and second floor apartments enjoying the use of private balconies. There is no parking allocated to the flats based on the town centre nature but local multi story car parks are within a short walk as well as permits on nearby streets that can be applied for through the local authority for consideration.
All finishes within the communal areas and apartments themselves are of a superb quality having been self built by the current owners. The apartments have all been let and enjoy a combined annual rental income of approximately £48,600 offering a yield of 7% on the £650,000 investment as well as the predicted capital growth in this location over the next five years.
Based on the new build nature of the building and apartments themselves little or no maintenance costs are predicted in the near future and the property will be under warranty on completion making this a stress and hassle free return and addition to a portfolio.
Contact one of the sales team today to register your interest.
For more information about this property, please contact
Penrose Estate Agents, LU2 on +44 1582 936653 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Penrose Estate Agents, and do not constitute property particulars. Please contact Penrose Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.