2-bedroom flat · LU4 0SG
Listing removedListed 528 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aspley Close, Luton Located on Aspley Close in Luton, this well-presented two-bedroom first-floor apartment offers an excellent opportunity for first-time buyers or buy-to-let investors and is available with no upper-chain.
The flat is part of a well-maintained development with communal gardens and parking, providing both convenience and comfort.
The property briefly consist of an entrance hallway, lounge, two bedrooms, bathroom and kitchen. The kitchen is fitted with a range of wall and base units offering ample storage and workspace.
The property boasts two well-proportioned bedrooms.
The main bedroom offers plenty of room for a double bed and additional furniture, while the second bedroom is ideal as a guest room, child's room, or home office, catering to a variety of needs.
The bathroom is equipped with a suite, including a bath, washbasin and WC.
One of the standout features of this apartment is the communal gardens, providing residents with a pleasant outdoor area to enjoy.
Parking is made easy with the availability of communal parking spaces, ensuring convenience for both residents and visitors.
This feature is particularly advantageous in a location as well-connected as Luton. The property comes with a lease of approximately 99 years, providing peace of mind for potential buyers.
Service charges are approximately £1250 per annum, covering the upkeep of communal areas and facilities.
Situated in a prime location, the apartment benefits from excellent transport links, making it an ideal choice for commuters.
Luton offers a range of amenities, including shops, restaurants, and leisure facilities, all within easy reach.
The area is also known for its good local schools, making it a suitable option for families.
Service charge, ground rent and lease information should be verified with a solicitor prior to any exchange of contracts.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 4, Aspley Close, Luton
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