Lot 99 - 65, 67, 69 & 69A Wilsden Avenue, Luton, Bedfordshire

LU1 5HN

McHugh & Co describes this property as: Luton Borough Council Situated off Farley Hill, close to local shopping/travelling facilities including Luton Train Station and Luton Town Centre.  Stockwood Park is also nearby. Freehold Ground Rents amounting to £105 per annum derived from a Detached Block of Four Self-Contained Flats each on lease as follows: 65 Wilsden Avenue - on lease for a term of 120 years from 29th March 1974 at a ground rent of £50 per annum rising. Valuable reversion in approximately 74 years 67 Wilsden Avenue - on lease for a term of 210 years from 29th March 1974 at a peppercorn ground rent. 69 Wilsden Avenue - on lease for a term of 120 years from 19th April 1974 at a ground rent of £50 per annum rising. Valuable reversion in approximately 74 years 69A Wilsden Avenue - on lease for a term of 99 years from 25th March 1972 at a ground rent of £5 per annum. Valuable reversion in approximately 51 years In accordance with Section 5(B) of the Landlord and Tenant Act 1987, notices have been served on the lessees.  The lessees have not reserved their rights of first refusal.

Auctioneer's Lot page

£30,000+

Guide Price