1 Bedrooms Maisonette for sale in The Ridings, Luton LU3 | £ 115,000
Overview
| Price: | £ 115,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Maisonette |
| County: | Bedfordshire |
| Town: | Luton |
| Postcode: | LU3 |
| Address: | The Ridings, Luton LU3 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
**project for an investor - P1378**
Biscot Area - One bedroom ground floor maisonette
This property benefits from allocated parking to the front. The development has a communal garden area and is located conveniently close to the Bury Park and Biscot Road shopping areas. Features include kitchen with oven and hob, small living area, shower room and double bedroom.
Ideal as a buy to let investment this property requires various refurbishments to make it good for letting. We would suggest redecorating throughout, new flooring and perhaps a bathroom or kitchen in order to achieve a monthly rent of £625 pcm. This gives a yield on investment after deducting the following yearly charges of 5.2%!
96 years left on the lease
Ground rent £110 a year.
Service charge £1,304.56 which includes buildings insurance
Property Location
Property Marketed by Lenwell Property Services
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