Block of flats for sale in Reginald Street, Luton LU2

** P&R property sales ** freehold ** 8 apartments in block ** £160,800 income per annum ** £30,000 worth of furniture included in the sale ** Offered for sale is this block of 8 apartments which have been recently development by the current owners. 4 of the apartments are let out as one household on assured shorthold tenancy agreements, And 4 of the apartments are let out on room by room basis, with bills included. This is generating a great income for the owners and is in managed by pr Property management.

Income Generated Per Annum

Gd f 48 = £12,000 - AST
Flat 1,48 = £12,000 - AST
Flat 2,48 = £25,680 - HMO - inclusive bills
Flat 3,48 = £14,400 - AST
Flat 1,50 = £12,000 - AST
Flat 2,50 = £25'500 - HMO - inclusive bills
52 = £27,900 - HMO - inclusive bills
52a = £22,800 - HMO - inclusive bills
Washing machines & tumble dryer coin operated = £3120 per annum
Parking spaces or yard = £5400pa

Total income = £160,800

What Is Included In The Sale

Ground Floor 48 Reginald Street

This property benefits from 2 double bedrooms, 2 en suite shower rooms, living room and fully equipped kitchen and gas central heating. Currently let out fully furnished as one household with an assured shorthold tenancy agreement. Approximately 663sqft

Flat 1 48 Reginald Street

A 2 bedroom apartment that benefits from accommodation including 2 double bedrooms both with en suites shower rooms, living room, fully equipped kitchen / dining room. The property benefits from Gas central and comes fully furnished to a high standard. Currently let single AST. Approximately 667sqft

Flat 2,48 Reginald Street

This property benefits from 4 bedrooms, 2 have en suite shower rooms and 2 bedrooms share a shower room, living room, fully equipped kitchen, gas central heating and fully furnished. Currently let out as rooms. Approximately 959 sqft

Flat 3,48 Reginald Street

This property benefits from 3 double bedrooms, 2 shower rooms, living room and fully equipped kitchen. Currently let out fully furnished as one household with an assured shorthold tenancy agreement. Approximately 688 sqft

Flat 1 50 Reginald Street

This property benefit from 2 double bedrooms both with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out as a single household with an assured shorthold tenancy agreement. Approximately 461sqft

Flat 2 50 Reginald Street

This property benefits from 4 double bedrooms with 2 En suite shower rooms, one further shower room, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out as on a room only basis. Approximately 1423 sqft

52 Reginald Street

This property benefit from 4 double bedrooms all with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out on a room only basis.
Approximately 994sqft

52A Reginald Street

This property benefit from 3 double bedrooms all with En suite shower rooms, fully equipped kitchen / living room and gas central heating. The property is currently fully furnished let out on a room only basis. Approximately 710sqft

Gated Rear Yard

Parking spaces for 4 cars in the rear yard. The yard could be let for £400pcm or £4,800 per annum.

All Furniture & Fixtures And Fitting

Approx. £30,000 of furniture included in the sale price

Washing Machines & Tumble Dryer Income

£3120 per annum