Student housing investment for sale in Luton

119 Park Street, Luton, Bedfordshire, LU1 3HG
For sale
This property is marketed by:
Rolfe East

Key features

  • Investment opportunity
  • Student accommmodation
  • High Yield
  • Gross income circa £42,000 per annum
  • 5 student units

Mixed Use For Sale 

High yielding student accommodation portfolio investment available immediately.

The portfolio consists of 5 student units all let out on AST's boasting a strong yield,

Gross income circa £42,000 per annum.

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Tenure: Leasehold

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