1-bedroom flat · LU1 2JE
To rentReduced £75 (−6.4%) on 13 OctListed 109 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Choice Property Net are pleased to offer for rent this exclusive modern luxury one bedroom apartment, situated in the heart of Luton, and a stone's throw away from commuter routes and all amenities.
The property briefly comprises of: Entrance Hall Hardwood door, laminate flooring, video entry system, radiator, doors to: Lounge Aluminium double glazed window to front and side aspect, radiator, Satellite TV and telephone points, laminate flooring, leading to: Fully Fitted Open Plan Kitchen Aluminium double glazed tinted curtain walling windows to side aspect, fully fitted top end kitchen with quartz worktops and splash-backs, under-mount stainless steel sink with contemporary chrome mixer tap, top end integrated appliances including stainless steel electric oven, gas hob and extractor hood above, integrated fridge, integrated freezer, integrated washer dryer, energy efficient down-lights under cupboards.
Bathroom Aluminium double glazed window to rear aspect, designer radiator, high efficiency gas boiler housed in purpose built cupboard, three piece bathroom suites with quality white sanitary ware/furniture with high quality taps and shower heads, shaver point, fully tiled.
Bedroom Aluminium double glazed windows to side aspect, aluminium double glazed patio doors to rear opening to contemporary styled Juliet Balconies overlooking rear garden and river lea, radiator, carpets as fitted.
Security CCTV external and in foyer, outside lighting and video entry system.
Communal Garden Enclosed by high level rear railings, dwarf wall with low level railings to side, double gated to side and front, mainly laid with cobble effect mono block, plants and shrub borders, sheltered bicycle stand.
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.
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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
FAQ
About 61-65, john st, luton
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