*MODERN LIVING IN THE HEART OF LUTON* Ideal Properties are pleased to offer this spacious one bedroom first floor flat located in the Town Centre, and just a very short walk away from an array of restaurants and shops within the Shopping Centre. You also have the Tram Line and Luton mainline Train Station, which has direct access to London St Pancras in just over 20 minutes. As well as this, the property offers very easy access to junction 10 of the M1 Motorway. In addition, there are both a primary school and a high school only a very short walk from the apartment.
Although this property is within very close proximity to all of the above amenities, it is actually still part of a residential area, which ads to the homely feel. The accommodation comprises open plan lounge and kitchen/diner, a good sized double bedroom and a large bathroom with w/c. Further benefits include a gas combi boiler which provides both central heating and hot water. You’ll find that most modern flats are all electric, which usually means higher bills. It also benefits from double glazing, a communal garden and off road allocated parking which again is extremely difficult to find when looking at flats located in the town centre.
The lease is over a hundred years with a service charge of only £650 per year and a ground rent of just £150 per year. We’re pretty certain that after looking around, you’ll find that the service charge and ground rent on this property are exceptionally low in comparison to other equivalent or similar properties.
The block itself only has four flats within it, which means that it doesn’t have a constant flow of people in and out, which decreases the wear and tear on the communal area whilst also allowing the residents to enjoy a greater level of privacy. The building has been built fairly recently and unlike most new builds has been finished to a considerably high standard.
Whether you’re buying to live in, or are just trying to get your foot onto the property ladder, this apartment offers fantastic returns, and with its low ground rent and service charge is genuinely a great investment which is constantly increasing in equity.
Tenure : Leasehold
Tax Band | % | Taxable Sum | Tax |
less than £250k | 0 | ||
£250k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
Tax Band | % | Taxable Sum | Tax |
less than £250k | 3 | ||
£250k to £925k | 8 | ||
£925k to £1.5m | 13 | ||
rest over £1.5m | 15 |
Tax Band | % | Taxable Sum | Tax |
less than £425k | 0(5)** | ||
£425k to £625k | 5 | ||
£625k to £925k | 5 | ||
£925k to £1.5m | 10 | ||
rest over £1.5m | 12 |
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