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See how verdicts work1-bedroom flat · LU1 2EE
For saleListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ***CHAIN FREE STYLISH APARTMENT IN PRIME LOCATION*** GREAT FIRST TIME TIME BUY OR BUY TO LET INVESTMENT benefiting from a LONG LEASE and open plan living DESCRIPTION: As you step inside this ground floor apartment you will be greeted by a warm and inviting atmosphere.
The open plan living and dining area provides ample space for relaxation and entertaining guests. Natural light pours in through the patio doors, creating an airy and bright ambiance throughout.
The well-appointed kitchen is perfect for cooking up culinary delights. Its modern design, complete with sleek countertops and integrated appliances.
Completing this flat you will find a double bedroom and a modern shower room benefiting from a walk in shower cubicle, vanity wash hand basin and WC.
There is a long lease of 118 years remaining, service charge of £2000 per year and ground rent of £250. One of the major highlights of this property is its location.
Situated in the heart of Luton's town centre, you'll have easy access to an array of amenities, including shops, restaurants, and entertainment venues.
The proximity to Luton train station ensures effortless travel connections, making it a delightful choice for busy commuters. EPC Rating: B.
COUNCIL TAX: A map (opens in a new window) Ground FloorEntrance Hall: 11' 1'' x 5' 7'' (3.39m x 1.71m) Bathroom: 8' 5'' x 4' 11'' (2.58m x 1.5m) Bedroom: 12' 3'' x 7' 8'' (3.74m x 2.37m) Kitchen/Diner: 18' 8'' x 9' 7'' (5.71m x 2.93m) Additional Information For more details please call us on or send an email to .
EPC Rating: B Entrance Hall 1.71m x 3.39m Bathroom 1.5m x 2.58m Bedroom 2.37m x 3.74m Kitchen/Diner 2.93m x 5.71m
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 John Street, The Elms, LU1
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