John Street, Luton, Bedfordshire, LU1 Price: £171,500 Leasehold
Property Ref: 1793
THE ELMS, JOHN STREET, LUTON, LU1 2EE
Luton, once the home to a substantial millinery industry, is now a bustling metropolis featuring a large shopping centre and indoor market. John Street is very well placed for commuters being only a few minutes walk away, with train services available either from Luton mainline station or slightly further afield at Luton Parkway station. Both stations provide regular access to London, St. Pancras with some fast trains reaching their destination in under 30 minutes. There are numerous car parks in close proximity to the development and the site is also well positioned for the University of Bedfordshire which brings students in from around the UK and Europe. The Carnival Arts Centre is also near to the development together with a new £46 million state-of- the-art University library which opened last year.The main shopping area in Luton is centred on The Mall which has in recent years undergone major re-construction and re-design work, it is located within a few minutes walk of the development and features a new square which is used for leisure events and numerous new food restaurants and retail outlets. Luton has a wealth of leisure activities and amenities available including the David Lloyd Sports centre at nearby Capability Green, Stockwood Park with its golf course and of course it is home to “The Hatters” Luton Town FC. The town also has easy access to the Chiltern countryside with its vast outdoor spaces of National Trust land including Dunstable Downs, which is home to Whipsnade Zoo, the London Gliding Club and the Icknield Way Path. Luton was mentioned in a recent Sunday Times report as one of the most profitable areas for landlords together with the employment hotspot of Milton Keynes which is only just over a 1/2 hour drive down the road.
FOR SALE: Excellent Condition, 1 Bedroom Ground Floor Apartment with Fitted Kitchen, White Goods, Furniture, Fully Double glazed, Excellent Condition, This is an amazing property for anyone wishing to be right in the middle of town or commute.
SPECIFICATION: Hi-gloss kitchen wall & base units with “Silver Pebblestone” worktops and splash-backs Built in CDA kitchen appliance White sanitary ware to shower room with 1/2 wall tiling and vanity unit Shower enclosure with feature tiled wall Flooring fitted throughout A range of electrical sockets and light fittings Energy efficient heating: (HIU) Heating Interface Unit Service lift with access to most apartments Secure entry phone system
*SERVICE CHARGES Approx: £900 PA *GROUND RENT Approx: £250 PA Leasehold Approx: 122 Years Expected rentals: Some Apartment offer gross vields in excess of 6%, and monthly estimated rents will vary, A typical 1 Bedroom rents from £800 to £900 PCM.
Whilst every care is taken the information provided is intended as a general guide. Some properties may currently be occupied by tenants and so all photographs are for guidance purposes only. Some photographs may have been taken using a wide angle lens and items of furnishings on show may not form part of the letting.