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See how verdicts work9 × 1-bed flat · LU2 0BZ
For saleListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold Residential Investment Portfolio
253–259 High Town Road, Luton
A substantial freehold portfolio comprising three adjoining buildings and nine self contained one bedroom flats, offered for sale as a single lot.
The portfolio provides immediate income with further reversionary potential.
Asset Overview
• 9 x self contained one bedroom flats
• EPC ratings C and D
• Mixture of gas central heating and electric systems
• Combination of long term and recently renewed tenancies
• Predominantly professionally managed
• No major structural issues reported
Property Breakdown
253 High Town Road – 3 x one bedroom flats
257 High Town Road – 4 x one bedroom flats
259 High Town Road – 2 x one bedroom flats
All units are self contained and let on residential tenancies.
Income Profile
Current gross income approximately £77,100 per annum.
Several units are below prevailing market rent levels, providing clear scope for phased rental growth. Estimated fully adjusted income approximately £84,600 per annum.
All units are sold with tenants in situ.
Location
Situated in the High Town area of Luton, within close proximity to the University of Bedfordshire, Luton town centre and mainline rail services to London.
High Town remains a consistently performing residential rental location with strong demand from working professionals.
Additional Information
Floor plans and detailed tenancy information available upon request.
Proof of funds required prior to viewings.
Guide Price £1,050,000 EPC rating: D. Tenure: Freehold,
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 259, High Town Road, High Town, Luton, LU2
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