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Offers over
£110,000

1 bedroom flat for sale

Cardigan Mews, Cardigan Street, Luton, Bedfordshire, LU1 1RN
Chain-free
Added yesterday
Flat
1 bed
1 bath
409
EPC rating: D
Added yesterday

Key information

TenureLeasehold | 84 yrs left
Ground rent£50 per annum | review period: unconfirmed
Service charge£600 per annum
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Chain Free
  • First Floor One Bedroom
  • Town Centre Location
  • Permit Street Parking
  • Current Rental Value Of £850 PCM
  • Easy Access To Luton Train Station
  • 84 Years Remaining
  • Reasonable Annual Charges
  • Some Modernisation Required
  • Viewing Advised

Presented to the market chain free, this charming one bedroom first floor apartment offers an exceptional opportunity for first-time buyers, investors, or those seeking a convenient town centre lifestyle in Luton. Situated on Cardigan Street, the property benefits from a prime location, placing residents within easy reach of Luton's vibrant amenities, shops, restaurants, and cultural attractions.


The apartment itself comprises a well-proportioned living space, featuring one reception room, one double bedroom, and an en-suite shower room. While the property is perfectly liveable, it does present an ideal canvas for some modernisation, allowing the new owner to infuse their personal style and potentially enhance its value. This offers a fantastic chance to create a bespoke home tailored to individual tastes.


One of the standout features of this apartment is its incredible accessibility. For commuters, easy access to Luton Train Station is a significant advantage, providing direct links to London and beyond. Local bus routes are also readily available, further enhancing connectivity. Despite its central location, residents will appreciate the availability of permit street parking, a valuable commodity in any town centre setting.


For investors, this property represents a compelling proposition with a current rental value of £850 per calendar month, offering an attractive yield. The leasehold tenure has approximately 84 years remaining, and the annual charges are noted as reasonable, contributing to its appeal as an investment.

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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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