Property Types: Flat / Apartment
Newcombe Road, Luton
- Multi-unit block of One & Two bedroom apartments
- Allocated off road parking space for each apartment
- Recently renovated to a high standard
- Combined annual rental income of £32,000 PA
- Town centre location
- Offered for sale with the Freehold
- Further development potential on land at rear (ground floor apartment)
- Detailed planning consent reference – LBC 19/00158/FUL
- Midas Property Group is delighted to offer this recently renovated Multi-Unit freehold block of three high specification apartments, each with their own parking space, conveniently situated within a central Luton location that would prove to be ideal, and secure future proof buy to let investment. The block consists of two newly renovated x2-bedroom high specification apartments (circa 565 ft2), and one newly renovated x1-bedroom high specification apartment (circa 495 ft2), which would be expected to generate a combined annual income of approximately £32,000 PA. All of the amenities of the town centre are within walking distance including Luton’s mainline train station with direct lines into London St. Pancras within 25 minutes via the East Midlands Line, as well as J10 of the M1 is within close proximity. The current owners have spared no expense in the properties renovation and any potential purchaser should expect to find tenants for each apartment swiftly. A viewing is highly recommended to fully appreciate what a fantastic investment opportunity this is!
General Dwelling Specification:
High-efficiency gas combination boiler (Glowworm Betacom 24c)
Double glazed UPVC windows (FENSA certified)
Premdoor FD60 internal doors (satin white finish) with brushed stainless steel ironmongery
Ultra-low energy LED light fittings
Audio door entry system Electrical spur for intruder alarm system USB plug sockets
Multimedia plate in Lounge and Master Bedroom (wall mount screen option)
Sky Q Television (hard wired)
The hardwired data point in each room
High-speed internet backbone cabling structure fittedThe Bathroom Specification:
ROCA brand porcelain ceramic wall and floor tiles (matt finish)
Hudson heated chrome towel rail
Bristan Monoblock aerator tap (chrome finish)
Bristan bath shower mixer aerator tap (chrome finish)
Smart Mirror with LED Lighting and Shaver Socket ROCA
Sanitaryware Kaldwei steel bath Roman shower screen (with easy clean glass)
Floor substrates proofed against water penetration via GRP tankingThe Kitchen Specification:
Shaker style kitchen door fronts (18mm thick)
Grey oak high-pressure laminate worktop inc upstand
Brushed stainless steel cooker hood (Lamona)
Brushed stainless steel splashback (Lamona)
Integrated kitchen appliances (Lamona branded including fridge and freezer (full height), washing machine, gas hob, gas oven and extractor)
4 burner gas hob and gas oven ROCA porcelain floor tiles (matt finish)
11mm engineered wood flooring (grey oak; strip wood)Supplementary Info :
Individual connections and meters for each dwelling (gas, water and electricity)
Detailed planning consent reference – LBC 19/00158/FUL
Building Control Final Certificate for each dwelling (and Common Parts)
10-year warranty / Latent Defects insurance for each dwelling available
Further development potential on land at rear (ground floor apartment)
LEGAL PACK AVAILABLE.
Ideally situated within 0.3 miles of Surrey Quays station and 0.6 miles of Canada Water tube, the property is an excellent base for the city. The property was stripped back to brick and completely refurbished in 2020.
We refer bidders to the legal pack for a schedule of tenancies and the HMO licence.
Ground Floor: Entrance hall, cloakroom / WC, large kitchen/dining room, 2 bedrooms.
First Floor: Landing, 4 bedrooms, 2 bathrooms, balcony.
Outside: Communal gardens.
Leasehold – 125 years from 18/02/1991
AUCTION DATE: 21st Oct 2021 10:00
WANT TO KNOW MORE? Check the property here: www.networkauctions.co.uk/online-auction-catalogues/?lid=148922&ClientID=24&src=36
Maynard Court, 13 Rosefield Road Staines-upon-Thames, Middlesex TW18 4QD
Excellent ground floor apartment. Investment opportunity
• Ground Floor
- Investment Opportunity
DESCRIPTION:
1 Bed Ground floor apartment
ACCOMMODATION
Property comprises of Entrance hall, a good sized Lounge, fully fitted Kitchen, reasonable bathroom and double bedroom.
Outside enjoys the benefit of both communal gardens and parking
TENURE:
Leasehold – 99 Years from 29th September 1986. With 65 years unexpired.
LOCATION:
The Property is situated in Maynard Court complex. On Rosefield Road which is accessed from the South side of London road (A308).
Property has excellent public transport links, and is close to the local train station and major ring roads
To view this property now please contact Sam Fongho at 07454 753318 or email us at info@midaspropertygroup.co.uk
5 Canal View, Knowl Street, Stalybridge, Cheshire, SK15 3AX
The property will be of interest to owner-occupiers and investors
Ground Floor: Entrance hall, sitting room with open plan kitchen/dining area and French doors to the garden, 2 double bedrooms, bathroom.
Outside: Allocated parking space, access to the development via electric gates, large enclosed communal garden to the rear.
The apartment benefits from contemporary fittings, double glazed windows, and French doors leading from the sitting room directly onto the enclosed communal gardens.
Lease: 125 years from 01/01/2007
EPC Rating C
Please contact Midas Property Group for further information.
34 Beech Avenue, New Basford Nottingham
BULLSMOOR LANE ENFIELD
A full planning application has been submitted to Enfield Council ‘for the demolition of a single-family dwelling and erection of one 3 storey block, containing 3 x 3 bedroom and 4 x 2 bedroom Apartments with associated access, 7 parking spaces, cycle storage and refuse store.’
Accomodation Schedule
3 x 3 Bedroom Apartments 4 x 2 Bedroom Apartments
Financials
Saleable Area: 6725 sqft
GDV: £415/sqft ≈ £1 million
CIL: circa £40,000 stp
To view this Property please contact
Sam Fongho 07413 041372 / 07454 753318 / info@midaspropertygroup.co.uk
