1-bedroom flat · LU1 2NA
For saleListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suitable for cash buy-to-let investors seeking immediate income An opportunity to acquire a fully income-generating, hands-off investment asset located in the Luton Station area, within close proximity to Luton town centre and mainline rail services into London.
The property benefits from excellent connectivity and strong, consistent tenant demand, while nearby town-centre projects such as The Stage and the longer-running Power Court/Gateway area plans support the case for ongoing investment around central Luton.
The property is let on a 10-year full repairing and insuring (Fri) lease, with approximately 7 years remaining at 10% net yield (£12,500 pa) with rent reviews every 2 years, providing investors with a stable, predictable income stream.
Under the Fri lease structure, all maintenance, management, and operational responsibilities are handled by the housing association, meaning this is purely passive income.
The provider pays all costs, therefore this property benefits from: No ground rent No service charge No maintenance costs Fully managed service All costs are covered within the lease, allowing investors to receive a true net return without the typical expenses associated with traditional buy-to-let property.
Additionally, the seller is offering stamp duty and legal fees paid to further enhance the overall return and reducing entry costs.
Enquire today and a member of our team will be in touch to qualify your requirements. Note: Serious enquiries from cash buyers are welcomed. Proof of funds may be required prior to viewing.
Queensbridge Estates reserve the right to pull this advert from our Zoopla account as it will also be marketed to our internal database of investors.
If you're wanting to register your interest for similar properties, please contact us by phone or contact form, otherwise you can email and one of our sales team will contact you.
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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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 Central Luton Buy to Let, Luton
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