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Total views:  2500+
Guide price
£80,000

1 bedroom apartment for sale

Park Street, Luton, Bedfordshire
Auction
Apartment
1 bed
1 bath
710
EPC rating: D
Added > 14 days

Matterport 3D tour

Key information

TenureLeasehold | 106 yrs left
Service charge£2,376 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • For sale by online auction
  • 6 weeks’ completion
  • Apartment
  • One bedroom
  • Tenant in situ paying £950pcm
  • Town centre location

Video tours

A one-bedroom apartment ideally located in the heart of Luton Town Centre, offering convenient access to the University of Bedfordshire.

The property features a spacious living area, a modern kitchen, a well-appointed bedroom, and a stylish bathroom.

Residents benefit from the proximity to a wide range of local amenities, including shops, restaurants, and excellent public transport links.

Currently let at £950 per calendar month until 12th September 2026, the property achieves a gross rental yield of 14.2%.

Rooms

Auction
To be sold by online auction (unconditional) on Wednesday 17th December 2025 with a 6 WEEK COMPLETION, bidding will open at 10.00.

To view
Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk

Registration
All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure
Leasehold

Tenancies
Let on an AST from 12.09.25 for 12 months at £950 PCM.

Lease
125 years from 29 September 2007 - 106 years remaining.

Ground rent and service charge
Please see legal pack for further details.

EPC rating
D

Council tax band
A - Luton

Legal pack
For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide prices
Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees
A buyers charge of £1,500 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit
If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers
These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage finance
We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.

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About this agent

First for Auctions - National
First for Auctions - National
23 Market Place Wokingham RG40 1AP
01344 527052
Full profileProperty listings
Buy or sell property quickly with our monthly online property auctions. The experienced team has over 20 years experience helping people to sell their property or land at auction. Online property auctions offer one of the fastest, transparent, and effective ways to sell your property. First for Auctions has a dedicated website for customers who may benefit from buying or selling property at auction to browse and bid on property lots, as well as read our specific auctions advice. With all of our auctions taking place online, we are able to offer these services across the country. Our experienced team are committed to providing the highest level of customer service. If you need any help with buying or selling property at auction now or in the future, just ask.
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