Flat for sale in Frederick Street, Luton LU2
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- Block of nine apartments
- Land to rear offers scope for further development STPP
- Fully let and managed with approx rental income of £65,000 pa
- Walking distance to Luton mainline train station
- Superb investment opportunity
A fantastic opportunity to purchase this freehold block of nine apartments along with the freehold, located in the sought after High Town area and within walking distance to the train station and town centre. The property has been well maintained by the current owner and offers this development ready to go, with an annual return in the region of £65,000.
The property consists of 7 one bedroom apartments, a one bedroom maisonette and a one bedroom duplex apartment. There is also parking and a courtyard garden to the rear of the development, offering further potential to add further units (STPP).
This development will make a brilliant addition to any property portfolio and early viewing is highly advised.
For more information about this property, please contact
Penrose Estate Agents, LU2 on +44 1582 936653 * (local rate)
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Penrose Estate Agents, and do not constitute property particulars. Please contact Penrose Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.