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48-52 Reginald Street, Luton, LU2 7QZ

1 Sq Ft / Other / Investment

For Sale - £1,800,000.00

Available - Last updated: 22 April 2024

Description:

H&W Properties Ltd is a property investment company comprising multi-let residential investment properties.

The Victorian properties were redeveloped within the last few years to a high specification and form a mix of self-contained flats and HMOs. Outside space and parking provisions are also available.

ANNUAL RENT = circa £171,000 pa

Location:

The subject properties are situated on Reginald Street and Clarendon Road in the High Town suburb of Luton, off Old Bedford Road and adjacent to the Peoples Park.


  • 6 miles to Luton Town Centre

  • 3 miles to Luton train station

  • 4 miles to Bedfordshire University

  • 13 minute drive to Luton & Dunstable Hospital

  • 10 minute drive to London Luton Airport



Terms:

The premises are available to purchase individually or combined, upon a freehold basis.

  • 48-52 Reginald Street: £1,800,000

  • 34 Clarendon Road: £1,200,000

  • H&W Properties Ltd: £3,000,000


 

If both assets are purchased together, 100% shares in the freehold owning company (H&W Properties Ltd) are available, giving the buyer substantial savings on Stamp Duty Land Tax.

Legal Costs:

Each party are to bear their own costs.

VAT:

Plus VAT at the appropriate rate, if applicable.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,800,000.00 NA

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S.R. Wood & Son

S R Wood & Son Ltd

01582 206183

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