2-bedroom flat · LU3 3TG
Listing removedListed 138 daysAuction 24 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £85,000+ **For Sale By Public Auction 24th June 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** A Vacant First and Second Floor Two Bedroom Split Level Maisonette Tenure Leasehold.
The property is held on a 99 year lease from 29th September 1973 (thus approximately 46 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Whitefields Park are within easy reach. Transport links are provided by Leagrave rail station.
Description The property comprises a first and second floor two bedroom split level maisonette situated within a purpose built block arranged over ground and two upper floors.
The property requires a program of refurbishment.
Accommodation First Floor Reception Room Kitchen Second Floor Two Bedrooms Bathroom Separate WC Further Information When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder.
This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension.
The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.
Viewing Appointments to be Confirmed
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 143, Copenhagen Close, Luton
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