Studio flat · LU1 2EQ
No longer listedReduced £20 (−2%) on 8 OctListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO DEPOSIT OPTION AVAILABLE*** HCGB are delighted to present this stylish studio apartment, ideal for individuals or couples.
The open-plan kitchen and living area boasts a modern, high-quality finish with integrated appliances, including a fridge/freezer and washer/dryer.
The apartment offers a spacious layout with generous storage, a large wardrobe, and plenty of natural light from the expansive windows.
Cresta House is located just off Alma Street, right in the heart of Luton town centre.
It's conveniently positioned close to local amenities and only a 5-10-minute walk from Luton train station, offering a direct connection to London in just 30 minutes-perfect for city workers and commuters.
Contact us today for more information or to arrange a viewing. Please note: Photos are representative of the style and finish and may not depict the exact apartment available.
Tenancy Information: The apartment will be let on an Assured Shorthold Tenancy, subject to contract and satisfactory references.
The tenant will be responsible for the payment of all outgoings, including: Council Tax Electricity Water Telephone / Broadband
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.
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.
Area
Agent & docs
FAQ
About Cresta House, Alma Street, Luton
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