1 /7
£600,000
Waller Avenue, Luton, LU4
- 5 beds
£600,000
- 5 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£2,739 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£30,000
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Venture Commercial are proud to present this incredible
opportunity to buy a large property comprising of a spacious ground
floor retail unit and a 5 bedroom house. The property benefits from
off-road parking and Class C3, E(c)(i) and E(a) use.
The ground floor retail unit measures 1,313 sq. ft (approx.) and
comprises of 1,016 sq. ft (approx.) of Zone A space with tiled floors
and double glazed windows to the front and side elevation of the
property. The property also benefits from staff toilets and storage
space to the rear and first floor of the property.
The 5-bedroom house comprises of a Kitchen and Lounge to the
ground floor and 5 bedrooms to the first floor alongside a shower
room and a bathroom. The property also benefits from a sizeable
garden and double garage to the rear of the property.
The retail unit is currently tenanted with 9 years remaining on the
lease and sees a rental income of ?14,000 per annum whilst the 5-
bedroom house is offered vacant with the prospect of achieving a
rental income of ?1,500 per calendar month (?18,000 per annum)
giving a total income circa ?32,000 per annum. The commercial
lease also has a rent review every 4 years with the next review due
later in 2023 giving an opportunity to increase the total rental
income of the property.
If fully tenanted, the property is likely to give a investment yield
above 5%.
Contact us at Venture Commercial for more information and to
arrange a viewing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Luton Borough Council, Band B
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£8,750
Mortgage and legal costs:
£999
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- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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Property details
Venture Commercial are proud to present this incredible
opportunity to buy a large property comprising of a spacious ground
floor retail unit and a 5 bedroom house. The property benefits from
off-road parking and Class C3, E(c)(i) and E(a) use.
The ground floor retail unit measures 1,313 sq. ft (approx.) and
comprises of 1,016 sq. ft (approx.) of Zone A space with tiled floors
and double glazed windows to the front and side elevation of the
property. The property also benefits from staff toilets and storage
space to the rear and first floor of the property.
The 5-bedroom house comprises of a Kitchen and Lounge to the
ground floor and 5 bedrooms to the first floor alongside a shower
room and a bathroom. The property also benefits from a sizeable
garden and double garage to the rear of the property.
The retail unit is currently tenanted with 9 years remaining on the
lease and sees a rental income of ?14,000 per annum whilst the 5-
bedroom house is offered vacant with the prospect of achieving a
rental income of ?1,500 per calendar month (?18,000 per annum)
giving a total income circa ?32,000 per annum. The commercial
lease also has a rent review every 4 years with the next review due
later in 2023 giving an opportunity to increase the total rental
income of the property.
If fully tenanted, the property is likely to give a investment yield
above 5%.
Contact us at Venture Commercial for more information and to
arrange a viewing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Luton Borough Council, Band B
£600,000
5 bed property for sale
Waller Avenue, Luton, LU4
Venture Commercial are proud to present this incredible
opportunity to buy a large property comprising of a spacious ground
floor retail unit and a 5 bedroom house. The property benefits from
off-road parking and Class C3, E(c)(i) and E(a) use.
The ground floor retail unit measures 1,313 sq. ft (approx.) and
comprises of 1,016 sq. ft (approx.) of Zone A space with tiled floors
and double glazed windows to the front and side elevation of the
property. The property also benefits from staff toilets and storage
space to the rear and first floor of the property.
The 5-bedroom house comprises of a Kitchen and Lounge to the
ground floor and 5 bedrooms to the first floor alongside a shower
room and a bathroom. The property also benefits from a sizeable
garden and double garage to the rear of the property.
The retail unit is currently tenanted with 9 years remaining on the
lease and sees a rental income of ?14,000 per annum whilst the 5-
bedroom house is offered vacant with the prospect of achieving a
rental income of ?1,500 per calendar month (?18,000 per annum)
giving a total income circa ?32,000 per annum. The commercial
lease also has a rent review every 4 years with the next review due
later in 2023 giving an opportunity to increase the total rental
income of the property.
If fully tenanted, the property is likely to give a investment yield
above 5%.
Contact us at Venture Commercial for more information and to
arrange a viewing
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Luton Borough Council, Band B