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3 bedroom block of apartments for sale

Wellington Street, Luton, LU1
Recently added
Block of apartments
3 beds
2 baths
1485
Added < 7 days

Key information

TenureAsk agent
Ground rent£0 per annum | review period: unconfirmed
Council taxAsk agent
Mobile signal
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Features and description

Freehold Mixed-Use Investment | Producing £38,400 Per Annum | Prime Town Centre Location

Square Quarters are pleased to present this substantial freehold mixed-use building for sale in the heart of Luton town centre, offering strong rental income and long-term investment potential.

Arranged over four floors and extending to approximately 1,486 sq ft (138 sq m), the property comprises a fully income-producing commercial and residential portfolio, all within a central and well-connected location.
Investment Breakdown

Ground Floor Commercial Office – Currently producing £12,000 per annum

First Floor One Bedroom Flat – Currently producing £8,400 per annum

Second & Third Floor Two Bedroom Duplex – Currently producing £18,000 per annum

Total Rental Income: £38,400 per annum

All units are currently let, providing an immediate income stream for investors.

8.53% Yield

Accommodation

Ground Floor
Self-contained commercial office unit with WC facilities and generous internal space, suitable for a range of professional uses.

First Floor
One-bedroom self-contained flat comprising reception room, kitchen, double bedroom and bathroom.

Second & Third Floor
Spacious two-bedroom duplex apartment arranged over two floors, offering well-proportioned living accommodation.

Location

Wellington Street is centrally positioned within LU1, moments from Luton town centre amenities, The Mall shopping centre, and a wide selection of restaurants, cafés and local services.

The property benefits from excellent transport links, including:

Luton Railway Station within walking distance

Direct trains to London St Pancras

Easy access to the M1 (Junction 10 & 11)

London Luton Airport nearby

The area continues to benefit from regeneration and strong rental demand.

Key Features

Freehold title

Mixed-use investment

Fully income producing

Prime central location

Strong rental demand area

Approx. 1,486 sq ft / 138 sq m

Potential for rental growth (subject to market review)

This is an excellent opportunity to acquire a centrally located freehold building with immediate income and long-term capital appreciation prospects.

Early enquiries are highly recommended.
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Area statistics

Crime score
High crime
10/10

About this agent

Square Quarters - Islington
Square Quarters - Islington
301 Caledonian Road Islington, London N1 1DT
020 8115 0767
Full profileProperty listings
At Square Quarters Estate Agents our moto is "We're not no.1, YOU ARE!' and this is truly at the heart of everything we do. Finding a comfortable, safe and affordable property to rent or buy in London is not always easy, but with the right estate agent it can be. We specialise in letting, management, BTL and sales. We are located in Islington N1 and we list a fantastic range of high quality properties in the very desirable surrounding zone 1 and 2 areas of London. We have proven experience that you can trust, adhere to industry-wide codes of practice and can provide guarantees that give ultimate peace of mind. We offer fantastic service and are always willing to go that extra mile! Contact us today and let us help you find your new home.
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