4-bedroom flat · LU1 2QH
To rentReduced £200 (−11.8%) on 13 OctListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Choice Property Net are pleased to offer for rent this first floor 4 bedroom flat, situated in the Town Centre area of Luton, very close to commuter routes and all amenities.
The property briefly comprises of: Ent.hallway: Via hardwood door, textured ceiling, 2 x smoke alarms, laminate flooring bathroom: 7`1” x 6`0” Radiator, part tiled walls, textured ceiling, panel bath with electric shower, shower curtain and rail, low level wc, pedestal hand wash basin, sanitary set, ultra flooring kitchen/diner: 13`6” x 13`6” UPVC double glazed window to front aspect, radiator, part tiled walls, textured ceiling, plumbing for washing machine, gas cooker point, a range of floor and wall mounted units, vinyl floor room 1: 13ft1” x 7`10” single base window to front aspect, radiator, textured ceiling, smoke alarm, ntl broadband point, carpet as fitted room 2: 13`6” x 8`9” single base window to front aspect, radiator, ntl broadband point, smoke alarm, carpet as fitted room 3: 10`0” x 9`3” single base window to side aspect, radiator, ntl broadband point, smoke alarm, carpet as fitted room 4: 9`5” x 8`7” single base window to rear aspect, radiator, ntl broadband point, smoke alarm, carpet as fitted
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 41, Wellington Street, Luton
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