Portfolio in Luton

• Off market
• Freehold
• The entire portfolio is fully rented out 98% most of the time. Only one or two of the flats are physically unoccupied from time to time. The tenants are mostly university students and this is possibly because these buildings are all very close to the University of Luton, the Luton train station and also close to Luton Airport.
• The owner has refurbished most of the flats and the communal areas of the properties over several months during 2022.
• The entire portfolio brings in a rental income of £30,800 to £33,000 per month

15 x Studio Flats in total

Selling price £ 2.2m – the seller will consider splitting the portfolio

We will require a buy side fee.

Our Terms

A letter of intent (LOI) from the buyer, preferably on headed paper with their full details, will be required, along with proof of funds, in order for the sellers to conduct their due-diligence, prior to entering in to negotiations, plus our specific NDA/fee agreement.
We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
T: +44(0)330 2236988
E: investments@trellows.co.uk
W: trellows.com