How much is 56 Park Street, Luton?

The asking rent is £950 a month.

No floorplan from the agent

56 Park Street, Luton, LU1 3FU

Studio flat · LU1 3FU

1 bath

Asking rent

£950/mo

To rentListed 1 day

Investor metrics

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Va are delighted to present this very large Studio flat with secure parking in the amazing Park Crescent development.

This property is built to a very high specification which is rarely seen in Luton, with modern fixtures, wooden floors and natural lighting this oozes style and no expense spared on space.

Plus an amazingly equipped branded kitchen with everything you will need.

You are in the main shopping and bar/restaurant area of Luton simply stroll out of your reception and you are in the thick of it!

Situated a stone`s throw away from Luton Train Station, this property is very attractive to somebody working in London.

Regular trains and a c30 minutes travel time to St Pancras.Call to organise a viewing. Viewings from 28/10/2026. * Branded Kitchen * Town Centre near to Railway Station Features Double Bedrooms

Key information

Furnished state

Furnished

Available From

6 Nov 2026

Reception rooms

Council tax band

Band A

Estimated ~£1,200/year

Local authority

Luton

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

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Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

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Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.