Guide price
£15,000
Studio for saleUnit T7, 21-25 Chapel Street Student Accommodation, Luton LU1
- Auction
- Leasehold
McHugh & Co
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About this property
Lot 120 **for sale by online auction** on 17th September 2025
Leasehold Flat Investment
Situated on Chapel Street, close to local shopping/travelling facilities available in Luton Town Centre including Luton Train Station. Stockwood Park is also nearby.
A Purpose-Built Third Floor Studio Apartment with accommodation comprising:
Studio Room
Shower/WC
Let on an Assured Shorthold Tenancy generating £600 per month.
Leasehold for a term of 250 years from 1st May 2014 (thus having approximately 239 years unexpired).
Producing £7,200 per annum
Inspection:
By arrangement with the Auctioneers
EPC Rating
Tbc
*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.
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More information
Tenure
Leasehold (238 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review