Waller Avenue, Luton, LU4
About this home
Property Details: - Type: Semi-detached house - Bedrooms: 3 - Bathrooms: 4
Agent: Indigo Residential - Barton Road Phone: 01582 936857
<p><strong>RARELY AVAILABLE INVESTMENT OPPORTUNITY – THREE ONE-BEDROOM APARTMENTS & COMPLETE FREEHOLD</strong></p><p>An exciting and rarely available opportunity to acquire the <strong>complete freehold of a property comprising three well-proportioned one-bedroom apartments</strong>, arranged over two floors of accommodation.</p><p>Offering excellent investment potential, the property provides three individually designed apartments, each offering generous living accommodation and modern amenities.</p><p><strong>Flat One – Ground Floor</strong></p><p>The ground-floor apartment comprises a <strong>spacious lounge/diner</strong>, a large double bedroom, a modern fitted kitchen with a range of wall and base units, and a fully tiled three-piece bathroom suite with shower over the bath.</p><p><strong>Flat Two – Second Floor</strong></p><p>The second-floor apartment offers a <strong>very good-sized lounge/diner</strong>, a separate double bedroom, a modern kitchen/breakfast room and a three-piece family bathroom with shower over the bath.</p><p><strong>Flat Three – Split-Level Apartment</strong></p><p>The third apartment is a modern split-level one-bedroom property. The first floor provides a <strong>large double bedroom with en-suite facilities</strong>, complemented by a fully tiled three-piece bathroom suite with shower over the bath.</p><p>The property presents a <strong>rare opportunity for investors to acquire the complete freehold together with three well-sized one-bedroom apartments</strong>, providing the potential for an attractive combined rental income of <strong>up to £3,600 per calendar month</strong>, subject to the usual rental assessment and market conditions.</p><p><strong>ADDITIONAL PURCHASE OPTION</strong></p><p>The current seller is also willing to consider selling <strong>Flat Two and Flat Three separately to the same buyer</strong>, providing an alternative acquisition opportunity.</p><p>Both apartments would be sold with <strong>999-year leases</strong>, with the <strong>ground rent and service charge combined at £100 per calendar month</strong>.</p><p>This offers prospective buyers the flexibility to acquire two of the apartments separately while benefiting from long lease terms and a straightforward combined ground rent and service charge.</p><p><strong>With multiple purchase options available, this is a particularly rare and flexible investment opportunity that should not be missed.</strong></p><p>With three separate apartments, generous accommodation and strong income potential, this is an opportunity that is unlikely to remain available for long.</p><p><strong>An internal viewing is highly recommended to fully appreciate the size, versatility and investment potential this property has to offer.</strong></p><br/>EPC Rating: D
Property facts
Location
Similar homes nearby