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230 Hitchin Road, Luton, LU2

Key features

  • Growth area
  • Potential for additional units
  • ERV £75,000 p/a
  • Unbroken Freehold
  • 5 Units

Description

Un-Broken freehold for sale. The block consists of 5 units, comprising, 2 × 2 bedroom houses, 2 × 1 bedroom houses and 1× 1 bedroom ground floor flat.

There are five parking spaces to the rear and multiple parking to the front.

There is potential to increase the building size by going into the air space above, subject to permitted development. We believe two further apartments could be created.

The building currently produces circa £68,000. However we believe the ERV to be closer to £75,000.

The building is fully let, so as not to cause the tenants an inconvenience, proof of funding would need to be provided prior to any internal viewings being arranged. External viewing is permitted at your convenience.

NB: There are already 5 leases created for ease of obtaining buy to let mortgages.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

230 Hitchin Road, Luton, LU2

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About Orchards Estate Agents, Ampthill

The Clock House, Bedford Street, Ampthill, MK45 2NB

Orchards, Quality Buyers & Tenants Fast!

Orchards have been selling and renting property in Bedfordshire for over 12 years. When it comes to property we know our market!

Our aim is always to achieve the best price for our clients in the shortest time.

Our valuers have vast experience and can offer free valuations for sale and rent, 7 days a week.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£5,582
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference bb9fb4e2-4e82-46d5-86f5-8fc8118dbc32. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Orchards Estate Agents, Ampthill. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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