1-bedroom flat · LU3 2NF
Listing removedReduced £13k (−21.7%) on 12 SepListed 76 daysAuction 20 Jun · in 15581 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Property is Being sold by Purplebricks Modern Auction.
A fantastic opportunity for cash buyers and investors to acquire this one-bedroom flat, offering strong rental potential and the opportunity to achieve an attractive gross yield in excess of 8% +.
The property comprises a spacious living area, separate kitchen, double bedroom and bathroom, making it an ideal addition to a buy-to-let portfolio or a straightforward investment.
Due to the short lease (approximately 43 years remaining), this property is available to cash buyers only.
With the option to extend the lease, it represents an excellent investment opportunity, offering outstanding value and the potential for a strong return.
Whether you're looking to add to your portfolio or secure a project with significant upside, this is an opportunity not to be missed.
Modern method of auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact Purplebricks to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6995 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the Purplebricks Secure Sales team Property Ownership Information Tenure Leasehold Council Tax Band A Annual Ground Rent £12.00 Ground Rent Review Period Every 1 year Annual Service Charge £2,200.00 Service Charge Review Period Every 1 year Lease End Date 20/06/2069 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
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FAQ
About 1 Carolyn Court, Trinity Road, Luton
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