1-bedroom flat · LU4 8NU
For saleListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £135,000 - £145,000 *** Spacious One Bedroom Ground Floor Apartment – Selbourne Road, Luton Over 500 sq ft | 99-Year Lease | £10 Annual Ground Rent A fantastic opportunity to purchase this generously sized one bedroom ground floor apartment, ideally situated on Selbourne Road – just moments from Luton town centre and excellent transport links.
Offering over 500 sq ft of well-laid-out accommodation, the property comprises a spacious living room, separate fitted kitchen, a good-sized double bedroom, and a modern bathroom.
Benefitting from its own private entrance, this home provides both comfort and convenience on the ground floor of a well-maintained building.
With 99 years remaining on the lease and ground rent at just £10 per annum, this apartment is ideal for first-time buyers, buy-to-let investors, or anyone looking for a low-maintenance property in a central location.
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 Selbourne Road, LUTON, Bedfordshire, LU4
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