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See how verdicts work2-bedroom flat · LU2 9LL
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** for sale by livestream auction Wednesday 1st July 1PM ** guide price £60,000+ ** viewings by appointment (dates to follow) ** A spacious two double bedroom ground floor maisonette offered for auction with vacant possession, ideally located in the sought-after Vauxhall Park area, close to Luton Airport, Luton Airport Parkway Rail station and within a prime residential investment location.
Requiring some modernisation, the property presents an excellent opportunity for investors or buyers looking to add value. Once improved, the property is expected to achieve a strong rental return.
Accommodation comprises a separate kitchen and living room, two generously sized double bedrooms, and a family bathroom.
Additional benefits include private gardens, garage in block, double glazing, and residents’ permit parking.
An ideal investment or refurbishment project with significant potential in a popular and well-connected area to register to bid and view legal documents, please visit our website: Accomodation Entrance Hall Front door, electrics cupboard, door to lounge, door to Kitchen (2.69m x 2.57m (8'10 x 8'5)) Double glazed window to side, range of basic units, space for appliances, electric heater.
Lounge (4.52m x 3.68m (14'10 x 12'1)) Double glazed window to front, electric heater, door to Hallway Airing cupboard with hot and cold water tanks, door to Bedroom One (4.47m x 2.74m (14'8 x 9'0)) Double glazed window to rear, electric heater Bedroom Two (3.66m x 2.67m (12'0 x 8'9)) Double glazed window to rear, electric heater Bathroom (2.74m x 1.70m (9'0 x 5'7)) Double glazed window to side, bath, sink, WC, part tiled walls.
Outside Gardens Rear garden laid to lawn with mature tree and partial decking area, side access passageway and small front garden area.
Garage With a single lock up garage in a block adjacent Parking On street resident permit parking Lease Details With a lease term of 99 years from 29 September 1963 with 36 years unexpired.
The seller advises there is an annual Ground Rent of £10 and no fixed service charge, where the freeholder may serve notice on works as and when are required on an ad hoc basis.
Please note we await the legal pack, once in receipt we will update any information if required.
Services No appliances or services have been tested Counci Tax Band B, Luton Council Price Information - Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.
Buyers Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Buyers Premium Charge The purchaser will be required to pay a buyers premium charge of £3000 (£2500 plus vat) How To Get There Coming southbound on the M1, leave the motorway at Junction 10 for Luton, which is the closest junction to 19 Porlock Drive, LU2 9LL.
At the roundabout, take the exit onto the A1081 Airport Way following signs for Luton and the airport.
Continue along Airport Way, going straight over the first roundabout and then continue onto the A505 Vauxhall Way. Stay on the A505 for about a mile, then follow local signs toward Stopsley/Wigmore.
Turn into the residential area toward Porlock Drive, where number 19 will be on the left-hand side Doisa/2805Sa0379
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.
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FAQ
About 19, Porlock Drive, Luton
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