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See how verdicts work1-bedroom flat · LU2 7PQ
For saleReduced £15k (−10.7%) on 16 OctListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Clarendon Road, Luton An exceptional opportunity awaits with this redecorated, chain-free one-bedroom ground floor apartment, nestled within the convenient High Town area.
This property presents an ideal proposition for first-time buyers, commuters, or savvy investors seeking a well-located and low-maintenance home.
Upon entering, you are greeted by a bright and inviting living space, thoughtfully redecorated throughout to offer a fresh, contemporary feel.
The open-plan reception area provides ample room for both relaxation and dining, creating a versatile environment perfect for modern living.
The kitchen, seamlessly integrated, is both practical and stylish, catering to all your culinary needs.
The apartment features a comfortable double bedroom, offering a peaceful retreat at the end of the day.
Adjacent to this, the well-appointed bathroom provides all necessary amenities, finished to a good standard. The ground floor location adds a layer of convenience, particularly for accessibility.
One of the standout features of this property is its incredible location.
Situated within easy walking distance, residents benefit from excellent access to Luton Train Station, providing fast and frequent links to London and beyond, making it an ideal spot for commuters.
For leisure and recreation, the picturesque Wardown Park is also just a short stroll away, offering green spaces, a museum, and various activities for all ages.
Further enhancing its appeal, the property includes residents' parking to the rear, a valuable asset in this popular urban setting.
The long lease, boasting over 900 years remaining, provides peace of mind and security for future ownership. Being offered chain-free, the purchase process can be significantly smoother and quicker.
This apartment represents a fantastic investment opportunity, given its desirable location, excellent transport links, and the recent redecoration.
Its appeal to both renters and owner-occupiers is undeniable. With a listing price of £140,000, this property combines affordability with a prime location and numerous benefits.
Early viewing is highly recommended to fully appreciate all that this charming Old Hat Factory apartment has to offer.
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
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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.
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FAQ
About Flat 2, Old Hat Factory, Luton
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