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See how verdicts work2-bedroom flat · LU2 7EY
For saleReduced £24.9k (−13.1%) on 25 OctListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***TOTALLY REFURBISHED SECOND FLOOR APARTMENT*** GREAT BUY TO LET OR FIRST TIME BUY benefiting from a LONG LEASE, COMMUNAL GYM and allocated parking.
DESCRIPTION: Internally the property briefly comprises of a communal entrance hall with secure telephone entry system.
The apartment is located on the seond floor and benefits from an entrance hall, open plan living room/kitchen, the kitchen is refitted and benefits from a range of wall and base units, built in oven, hob and extractor, inset sink unit, breakfast bar and space for all appliances.
There is also two double bedroom with fitted wardrobes to bedroom two and a refitted bathroom comprising of a bath with shower over, vanity wash hand basin and WC.
Externally there is one allocated parking space. There is 90 years remaining on the lease with 1 share of freehold, the service charge and ground rent are £1700 per annum.
Curren IEE Electrical 5 year Certificate iis valid unitl 16th June 2028.
Other benefits include a lift and communal gym Barons Court is located on Earls Meade in the very popular Old Bedford Road area.
Ideally located just a short walk from Luton Town Centre and Luton Mainline Station. Great schooling is also provided locally via St. Matthews Primary and Stopsley Secondary Schools. EPC rating C.
map (opens in a new window) Second FloorEntrance Hall:Bedroom One: 12' 6'' x 7' 10'' (3.83m x 2.39m) Bedroom Two: 11' 11'' x 9' 2'' (3.64m x 2.8m) Bathroom: 6' 5'' x 5' 6'' (1.98m x 1.69m) Living Room/Kitchen: 23' 10'' x 11' 4'' (7.28m x 3.47m) Additional Information For more details please call us on or send an email to .
EPC Rating: C Bedroom 1 2.39m x 3.83m Bedroom 2 2.8m x 3.64m Living Room/Kitchen 3.47m x 7.28m
Value & comps
No previous sales on record.
Returns
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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.
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About Earls Meade, Barons Court Earls Meade, LU2
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