2 bedroom Apartment For Sale

Presenting an excellent opportunity to acquire a well-presented two-bedroom apartment within the highly sought-after The Academy development in Luton. Ideally located for commuters and professionals, the property offers convenient access to local amenities, leisure facilities, Junction 10 of the M1 motorway and Luton Parkway train station.

The apartment offers spacious and well-proportioned accommodation throughout, comprising a welcoming entrance hall leading to a bright and airy open-plan living/kitchen area with access to a private balcony/patio. The contemporary kitchen provides ample storage and worktop space, making it ideal for everyday living.

Both bedrooms are generous doubles, with the principal bedroom benefiting from an en suite shower room. A modern family bathroom completes the accommodation. Additional benefits include a secure intercom entry system, lift access to all floors and an allocated underground parking space.

Currently let to reliable tenants, the property presents an ideal ready-made investment, offering purchasers an immediate rental income from completion with no initial void period. The existing tenancy provides a hassle-free investment opportunity for buy-to-let buyers seeking an established income-producing asset. For those looking to occupy the property themselves, vacant possession can also be made available by arrangement.

With an estimated rental income of £1,200–£1,300 PCM, this apartment offers strong investment potential in a popular development that continues to attract tenant demand due to its excellent transport links and convenient location.

Lease information:
Ground rent: £390.52 per annum.
Service charge: £3,085.95 per annum.
Leasehold: Approximately 115 years remaining. EPC rating: B. Council tax band: C, Tenure: Leasehold, Annual ground rent: £390.52, Annual service charge: £3085.95, Length of lease (remaining): 104 years 5 months,