1-bedroom flat · LU1 1RE
For saleListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Promptmove is delighted to present this lovely CHAIN FREE, ONE BEDROOM, FIRST FLOOR flat, ideally located just a short 5 minute walk from Luton Town Centre.
This property is an excellent opportunity for first time buyers and investors alike, offering both convenience and comfort in a highly sought after central location.
Lease of approximately 103 years remaining, with a ground rent of £200 per annum and a service charge of approximately £1,300 per annum.
Internally, this well presented first floor flat comprises a spacious entrance hall, a bright and airy living room with plenty of natural light, a fitted kitchen offering ample base units and storage space, a generously sized double bedroom, and a modern three piece bathroom suite with an overhead shower.
The approximate layout includes a bedroom measuring around 4.815m x 3.298m, a living room measuring approximately 3.524m x 3.286m, and a separate kitchen measuring around 2.482m x 1.899m, providing comfortable and practical living accommodation.
Buxton Road benefits from exceptional transport links, with Luton railway station less than a 5 minute walk away, providing fast and frequent services into Central London.
London Luton Airport, the A6, and Junction 10 of the M1 motorway are all within close proximity, making this an ideal home for commuters and frequent travellers.
You will also find a wide range of everyday amenities just a stone’s throw away, including doctors’ surgeries, dentists, a post office, supermarkets, restaurants, and leisure facilities, with the town centre and shopping centre both within easy reach.
The property is currently tenanted and achieving a rental income of £650 per calendar month, making it an attractive investment opportunity for buy to let investors. Viewing is highly recommended.
Please contact Promptmove today to arrange your viewing.
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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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 advisors 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
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FAQ
About Buxton Road Luton LU1 1RE
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