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Guide price

£20,000

Land for sale
Limbury Road, Luton LU3

    Auction
    Freehold
    Added on 06/01/2026

    About this property

      For sale by auction on

      Wednesday 25th February 2026 at 12:00 pm

      Auction Venue: Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL

      This is an in-room auction which will also be live-streamed with availability for internet, telephone and proxy bidding.

      A barn/workshop and land to the rear of 50 Limbury Road, and the freehold of four apartments.

      Description
      The barn/workshop is located to the rear of the apartments with access to the side of the building from Limbury Road, with a right of way over a shared driveway with the neighbouring property No. 52. The building is in need of refurbishment, and the total floor area is approximately 58.5 square metres (630 square feet). There is an area to the front of the unit providing parking and turning area, which is just beyond the allocated parking spaces for the leasehold apartments (as per title documents in the legal pack). The total income from the ground rents for the apartments is £700 per annum.

      Lease Information:
      50A: 99 years from 27th August 2020 (93 years remaining).
      50B: 99 years from 23rd March 1989 (62 years remaining).
      50C: 99 years from 4th October 2017 (90 years remaining).
      50D: 99 years from 23rd March 1989 (62 years remaining).

      Ground Rent:
      50A: £250 per annum.
      50B: £150 per annum.
      50C: £50 per annum.
      50D: £250 per annum.
      N/A


      VAT
      VAT is not applicable

      Viewings
      You are welcome to view in daylight hours, at your convenience.

      Buyers Premium
      There is no Buyer's Premium payable on this lot.

      Administration Charge
      Purchasers will be required to pay an administration fee of £1,500 incl. VAT

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      £100 per month

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