Holly Street, Farley Hill, Luton, LU1

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 2

Agent: Northwood - Luton Phone: 01582 936498

<p></p><p>Presenting a superb opportunity to purchase a two-bedroom apartment situated within the highly sought-after “The Academy” development in Luton. Ideally positioned for commuters and professionals alike, the property offers excellent access to local amenities, leisure facilities, Junction 10 of the M1 motorway and Luton Parkway train station, all within a short distance.</p><p>The property offers spacious and well-proportioned accommodation throughout, comprising a welcoming entrance hall leading to a bright and airy open plan living/kitchen area with access to a private balcony/patio area. The kitchen is well laid out with ample storage and workspace.</p><p>Both bedrooms are generous doubles, with the principal bedroom benefiting from its own en suite shower room with basin and toilet. A family bathroom completes the accommodation. The property also benefits from an intercom entry system, secure underground parking and lift access to all floors.</p><p>The property is currently tenanted and can be purchased with the tenant in situ, making it an attractive investment opportunity. However, notice has already been served to the tenant, meaning the property can also be sold with vacant possession if preferred. Estimated achievable rent is between £1,200–£1,300 PCM.</p><p>Lease information:<br/> Ground rent: £390.52 per annum.<br/> Service charge: £3,085.95 per annum.<br/> Leasehold: Approximately 115 years remaining.</p> EPC rating: B. Tenure: Leasehold, Length of lease (remaining): 104 years 7 months,