2-bedroom terraced house · LU1 5EA
Sold STCListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MANTONS ESTATE AGENTS are delighted to offer for sale this well presented two bedroom terraced home, located in the highly sought-after area of South Luton, with the added benefit of no upper chain complications.
This home is ideal for first-time buyers or investors, with an estimated rental income of approximately £1,200 per month.
Perfectly positioned, the property is just a short walk from Luton ThamesLink train station & the town centre, offering excellent convenience for commuters & access to local amenities.
The accommodation comprises two spacious reception rooms, a modern fitted kitchen, a contemporary ground floor bathroom & two generously sized bedrooms.
Additional benefits include a low maintenance rear garden, gas central heating operated via a combination boiler & double glazed windows & doors throughout.
For more information or to arrange a viewing, please contact Mantons Estate Agents.
LOCATION Russell Street enjoys a prime location that's ideal for commuters, situated just a mile from Luton ThamesLink train station.
From there, it's only a 22-minute journey to St Pancras in central London.
Luton town centre is within a relaxed 10-minute walk, offering a vibrant shopping mall, a multiplex cinema & a wide selection of restaurants & eateries.
The area is exceptionally well connected, with the M1 (Junction 10) just minutes away by car & London Luton Airport less than a 10-minute drive.
For shoppers, Luton Retail Park is also nearby, home to popular stores like Next, Superdrug, Starbucks & more. ADDITIONAL INFORMATION EPC Rating D. Council Tax Band B. 589 Sq.ft (Approx.)
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 Russell Street, Luton, Bedfordshire, LU1 5EA
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