35 × 2-bed flat · LU1 3GJ
No longer listedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Lotus Carlton are proud to present this brand new luxury two bedroom, two bathroom apartment on the third floor with a private parking spot in the heart of Luton town centre.
An exciting new neighbourhood is forming in Luton. Welcome to The Hive. A highly modern and affordable residential development on London's commuter belt paying homage to Luton's industrial past.
The Hive is a selection of 67 luxurious Apartments based in centre of Luton consisting of 32x1 bedroom & 35x 2 Bed Apartments.
The apartments boast: Modern Décor including Brand new Italian kitchen worktops, stylish new furniture packs, private terraces, open plan living areas, state of the art bathrooms with built in bath and chrome plated heated towel rails.
The complex has Lift access, residents app & secure bicycle storage.
Located just 23 minutes from central London and a short walk from Luton Parkway station, this apartment provides unbeatable access to King's Cross, St.
Pancras International, and Luton Airport, making it a prime choice for commuters. Deposit: £1,846.15 Holding Deposit: £369.23
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About Apartment 303, The Hive, 37-39 Castle Street, Luton
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