17-19 Madina House, Downs Road, Luton, LU1 1QP
Guide Price*
£1,500,000+
-
A Freehold Block Of 14 Flats ( 12 x One Bedroom Flats and 2 x Two Bedroom Flats) Offered With Vacant Possession
Addendum
There is an additional buyers premium of £1,250 including VAT applicable on this lot. This is in addition to the buyers admin fee of £1,500 including VAT. Both fees are payable to the auctioneers.
Description
The property comprises a freehold block of flats situated in a detached building arranged over ground and three upper floors. We have been advised there is further scope to convert an existing one bedroom apartment into a two bedroom apartment (subject to obtaining relevant consents)
Tenancy Schedule
Schedule Of Accommodation
| Flat Number | Bedrooms | Floor | Tenancy | Current Rent |
|---|---|---|---|---|
| 1 | 1 | Ground Floor | ||
| 2 | 1 | Ground Floor | ||
| 3 | 2 | First Floor | ||
| 4 | 1 | First Floor | ||
| 5 | 1 | Second Floor | ||
| 6 | 1 | Second Floor | ||
| 7 | 1 | Second Floor | ||
| 8 | 1 | Second Floor | ||
| 9 | 1 | Second Floor | ||
| 10 | 1 | Second Floor | ||
| 11 | 2 | Third Floor | ||
| 12 | 1 | Third Floor | ||
| 13 | 1 | Third Floor | ||
| 14 | 1 | Third Floor |
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Agreement Documents
Additional Documents
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An administration charge of £1,500 (including VAT) applies unless otherwise stated in the addendum. The legal pack and addendum contain details on any additional buyer's premium and disbursements that may be payable upon completion. *Starting price estimates ("guides") are subject to change before the auction. These are not guaranteed selling prices. Each property has a reserve price, the minimum acceptable selling amount, which we expect to be within the guide range or up to 10% above.
While we strive for accuracy, information including images, video tours, and descriptions cannot be fully guaranteed. We will make every effort to inform potential buyers of any changes to the catalogue. Measurements and areas are approximations, and potential buyers are advised to verify them independently. The same applies to tenanted properties - we recommend you confirm occupancy status and rent payments directly. A professional property survey is highly recommended for potential buyers. Neither Swift Property Auctions or their clients are liable for any losses or costs related to withdrawn/sold properties, viewing cancellations, or inaccurate rating information obtained through verbal enquiry only.
While these particulars are provided in good faith, they don't constitute factual representations or form part of any offer or contract. Prospective buyers or tenants should independently verify all information mentioned here. Furthermore, neither Swift Property Auctions nor its employees or agents hold any authority to make any guarantees or warranties regarding this property.
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