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No longer on the market

This property is no longer on the market

EPC

Studio

Auction
Chain-free
Studio
1 bath
344
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 104 yrs left
Ground rent£100 per annum | review period: unconfirmed
Service charge£1,566 per annum
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Chain Free
  • Ideal Investment Or First Time Purchase
  • Well Presented Studio
  • Lease Over 100 Years
  • Walking Distance To Luton Train Station
  • Deceptively Spacious

Located in the ever-convenient Auction House Courtyard, this well-presented studio apartment offers an exceptional opportunity for investors and first-time buyers alike. With the added benefit of being chain-free and a robust lease of over 100 years, this property is a rare find in the sought-after Luton market.


The apartment is currently tenanted with a rental income of £800 PCM, making it a fantastic investment prospect. Whether you’re an experienced landlord looking to expand your portfolio or an investor seeking a reliable return, this property delivers a steady income stream and the potential for future capital appreciation.

Stepping inside, the studio reveals itself as deceptively spacious, with a layout that optimises every square metre for comfortable living. The main living area is bright and versatile, offering ample space to configure sleeping, dining, and relaxation zones as per your requirements. The design is both functional and welcoming, making it ideal for tenants who value both aesthetics and practicality.


One of the standout features of this property is its prime location. Situated within walking distance of Luton Train Station, it’s perfect for commuters who need quick and easy access to transport links. The surrounding area offers a mix of retail, dining, and leisure amenities that cater to a variety of lifestyles, making it a highly desirable location for prospective tenants and residents.


The property’s chain-free status adds another layer of convenience, ensuring a smooth and efficient purchase process. Furthermore, with a lease extending well beyond 100 years, buyers can proceed with confidence, knowing that long-term ownership is secure.

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About this agent

Penrose Estate Agents - Luton
Penrose Estate Agents - Luton
386 Hitchin Road Luton, Bedfordshire LU2 7SR
01582 944039
Full profileProperty listings
Our names are Richard, Ben and Adam and we founded Penrose Estate Agents in 2016.  Between us, we hold over thirty years of industry experience helping thousands of people in and around Luton complete their home moves. We offer sellers and landlords a unique full range of marketing options, from an online only service through to traditional, fully managed moves. We understand that our customers have very different desires and deserve a real choice on how we help them achieve the best possible price.  By combining both the online and traditional services, we provide flexible solutions that will meet every customers demands. When you instruct us to sell or rent your property you can rest assured you will be dealing with experienced and efficient property professionals, who care about both you and your home.
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