1 bed flat for sale

204 Block A, Opto Village, Spring Place Student Halls, 4 Dumfries Street, Luton LU1

Lot 92 **for sale by online auction** on 22nd October 2025

Leasehold Studio Apartment Investment

Situated off Chapel Street, close to the amenities available in Luton Town Centre including Luton Train Station. Stockwood Park is also nearby.

A Studio Apartment on the Third Floor in a Purpose-Built Block with accommodation comprising:

Studio Room
Shower/WC

Let on an Assured Shorthold Tenancy at £620 per calendar month.

Leasehold for a term of 250 years from 1st January 2015 (thus having approximately 240 years unexpired) at a ground rent of £350 per annum rising.

Producing £7,440 Per Annum

EPC Rating
B


Council Tax Band
A


*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.