Popular
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Floorplan
Map1 bedroom flat for sale
Luton LU1
Chain-free
Flat
1 bed
1 bath
301
EPC rating: C
Key information
Tenure: Share of freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Available Now
- Close to local amenities
- Close to Schools and Shops
- Easy access to M1 J10
Key Features
SHARE OF FREEHOLD: Rare find - Negligible Ground Rent & Total Control.
PROPER 1-BED: Separate double bedroom layout (NOT a studio).
HIGH YIELD: Generates approx. 7.5% Gross Yield (£8,400 pa).
VALUE ADD: Potential to boost yield to 8.5% by adding white goods.
INSTANT INCOME: Sold with professional tenant paying £700 pcm.
REDUCED PRICE: Exceptional value at £112,500 for quick sale.
COMMUTER DREAM: Minutes from Luton Station (22 mins to London).
PRIME LOCATION: Walking distance to The Mall & University.
PROPERTY DESCRIPTION
ATTENTION INVESTORS & FIRST TIME BUYERS: A "Share of Freehold" Gem with Upside Potential.
Reduced to £112,500, this property is the smart choice for savvy buyers. It combines the security of a Freehold asset with the high returns of a top-tier investment.
WHY THIS IS A "NO-BRAINER" BUY:
1. THE NUMBERS (For Investors) Stop settling for 5%. This asset works harder for your money:
Immediate Income: Tenant in situ paying £700 pm (7.5% Yield).
Turn-Key: No void period. You earn from Day 1.
Value Add Opportunity: By simply adding white goods (Fridge/Washer), rent can be pushed to £800 pm.
Result: A potential 8.5% Gross Yield with minimal effort.
2. THE TENURE (The "Golden Ticket") Most flats in Luton are Leasehold. This is Share of Freehold.
Negligible Ground Rent: Keep 100% of your profit.
No Lease Extension Costs: A "Forever Asset" that doesn't lose value over time.
Total Control: You are not at the mercy of a third-party freeholder.
3. THE LAYOUT (Proper 1-Bed) Don't get stuck with a Studio. Banks and tenants prefer this layout:
Separate Bedroom: Privacy and separation from the living area (unlike studios).
Open Plan Living: Bright, modern, and efficient to heat.
Bank Friendly: Much easier to mortgage and resell than a studio flat.
4. THE LOCATION (Commuter Hotspot)
London Connection: 22 mins to St Pancras International via Luton Station (walking distance).
Town Centre: Moments from The Mall, The Galaxy Centre, and Gyms.
Student Demand: Close to the University of Bedfordshire (ensuring constant tenant demand).
SUMMARY: Properties with Share of Freehold at this price point are virtually non-existent. Whether you want an inflation-busting investment or a cost-effective London base, this is it.
VIEWING: Strictly by appointment with LT Properties. Call today-assets with this Tenure and Yield do not sit on the market long.
Council Tax Band: A (Luton Borough Council)
Tenure: Share of Freehold
Parking options: On Street
SHARE OF FREEHOLD: Rare find - Negligible Ground Rent & Total Control.
PROPER 1-BED: Separate double bedroom layout (NOT a studio).
HIGH YIELD: Generates approx. 7.5% Gross Yield (£8,400 pa).
VALUE ADD: Potential to boost yield to 8.5% by adding white goods.
INSTANT INCOME: Sold with professional tenant paying £700 pcm.
REDUCED PRICE: Exceptional value at £112,500 for quick sale.
COMMUTER DREAM: Minutes from Luton Station (22 mins to London).
PRIME LOCATION: Walking distance to The Mall & University.
PROPERTY DESCRIPTION
ATTENTION INVESTORS & FIRST TIME BUYERS: A "Share of Freehold" Gem with Upside Potential.
Reduced to £112,500, this property is the smart choice for savvy buyers. It combines the security of a Freehold asset with the high returns of a top-tier investment.
WHY THIS IS A "NO-BRAINER" BUY:
1. THE NUMBERS (For Investors) Stop settling for 5%. This asset works harder for your money:
Immediate Income: Tenant in situ paying £700 pm (7.5% Yield).
Turn-Key: No void period. You earn from Day 1.
Value Add Opportunity: By simply adding white goods (Fridge/Washer), rent can be pushed to £800 pm.
Result: A potential 8.5% Gross Yield with minimal effort.
2. THE TENURE (The "Golden Ticket") Most flats in Luton are Leasehold. This is Share of Freehold.
Negligible Ground Rent: Keep 100% of your profit.
No Lease Extension Costs: A "Forever Asset" that doesn't lose value over time.
Total Control: You are not at the mercy of a third-party freeholder.
3. THE LAYOUT (Proper 1-Bed) Don't get stuck with a Studio. Banks and tenants prefer this layout:
Separate Bedroom: Privacy and separation from the living area (unlike studios).
Open Plan Living: Bright, modern, and efficient to heat.
Bank Friendly: Much easier to mortgage and resell than a studio flat.
4. THE LOCATION (Commuter Hotspot)
London Connection: 22 mins to St Pancras International via Luton Station (walking distance).
Town Centre: Moments from The Mall, The Galaxy Centre, and Gyms.
Student Demand: Close to the University of Bedfordshire (ensuring constant tenant demand).
SUMMARY: Properties with Share of Freehold at this price point are virtually non-existent. Whether you want an inflation-busting investment or a cost-effective London base, this is it.
VIEWING: Strictly by appointment with LT Properties. Call today-assets with this Tenure and Yield do not sit on the market long.
Council Tax Band: A (Luton Borough Council)
Tenure: Share of Freehold
Parking options: On Street
Rooms
Bedroom 1
Living room
Kitchen
Bathroom
Property information from this agent
About this agent
We are progressive, dynamic, exceptional in everything we do. We possess a strong desire to serve our clients through providing excellent independent lettings and estate agency services. Experts in the local area and an integral part of the community we serve, we have built a strong reputation with our customers and are recognised in the locality for our transparent, caring, client-centered approach, our reputable, friendly teams and our outstanding successes. We are upheld as professionals who get results and as a consequence our business continues to thrive. We always try to “Go the extra mile” for our clients, and it is this and all the above that sets us apart from other agents. If you want the best agent in your area, then look no further.