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See how verdicts work2-bedroom flat · LU1 3DD
For saleReduced £5k (−2.6%) on 22 OctListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £3708 per year. Ground rent (For Leasehold tenure): £390.52 per year.
Apartments in the desirable Academy do not come to market very often as this gated car park development is located less than 5 minutes walk to Luton Town Centre and 0.4 miles to Junction 10 of the M1.
Ideal for investors and family buyers alike.
This is a modern and neutral two double bedroom apartment which upon entry you get a great sense of space and light as the hallway is open and wide housing two large storage cupboards.
The apartment benefits from an en suite shower room to the master and a fully fitted kitchen including all white goods (dishwasher, washing machine and fridge freezer), this property offers today`s buyer a comfortable and very enjoyable place to live and relax or as an investment going forward.
Located on the first floor of the development the property is presented with an open plan kitchen/living laminated flooring area which gives access to a lovely balcony terrace where you can sit and read a book or eat your breakfast in the sun!
The bedrooms are carpeted and both double in size with fantastic proportions and include built in Sharp fitted designer wardrobes ( also included in the sale) these really maximise storage space.
The master bedroom has an en suite white shower room which is clean and has a lovely pressure shower.
Entry to the property is secured by a telephone entry-com system and you have an allocated parking space beneath the apartment which is gated access with fob entry access only.
Available with 108 year lease so call today to view.
* Modern large 80sqm Two Double Bedroom Apartment * 5 Minutes Walk To Shopping Mall & Train Station * 0.4 Miles to Junction 10 M1 * Two Double Bedrooms * Master Bedroom with Ensuite Bathroom * Open plan Kitchen/Living Area with All Integrated White Goods * Terrace Balcony Accessed From Living Room * Fully Fitted Sharp Designer Wardrobes * Secure Gated Car Park Allocation * Internal Viewings Recommended Features Double Gazing Electric Water Garden Elevator in Building En-suite Secure Car parking Full Double Glazing Balcony Double Bedrooms
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
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FAQ
About 40 The Academy, Holly Street, Luton
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