2-bedroom flat · LU1 3AR
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented, fully furnished two-bedroom apartment situated on the eighth floor of The Hive, a modern residential development in the heart of Luton.
This bright and spacious apartment offers contemporary living throughout, featuring a generous open-plan reception room with a stylish fitted kitchen, dining area and comfortable lounge space.
Floor-to-ceiling windows flood the property with natural light and provide access to a private balcony with elevated views.
The property boasts two well-proportioned double bedrooms, both furnished with beds, wardrobes and bedside units.
The principal bedroom benefits from a modern en-suite shower room, while the second bedroom enjoys access to its own private balcony.
A further contemporary family bathroom features a bathtub with an overhead shower, complemented by stylish tiling and modern fittings.
The fully integrated kitchen offers sleek grey cabinetry, ample storage and modern appliances.
Finished to a high standard throughout, the apartment features wooden flooring in the living areas, soft carpeting in the bedrooms and neutral décor, creating a bright and welcoming home.
Ideally positioned on Castle Street, the development offers convenient access to Luton town centre, local shops, restaurants, transport links and Luton railway station, making it an excellent choice for professionals, couples or small families.
Available now EPC Rating: B
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
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FAQ
About Castle Street, Luton, LU1
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