3-bedroom flat · LU2 7RJ
Listing removedListed 110 days
Opportunity summary
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About
Description TOWN CENTRE LOCATION WALKING DISTANCE TO MAIN STATION INDIGO RESIDENTIAL are delighted to present to the market this spacious three bedroom split-level apartment, ideally positioned in the heart of the town centre, just a short stroll from the train station and an excellent range of local amenities.
The property is accessed via a communal entrance and offers well proportioned accommodation arranged over two levels.
The layout includes a welcoming private entrance hall, a bright and airy lounge, separate dining area, fitted kitchen, three generously sized bedrooms, a family bathroom and a convenient guest cloakroom.
This apartment combines both space and practicality, making it an excellent opportunity for families, commuters, or investors alike.
DESCRIPTION: Briefly comprising entrance hall which comes with various large storage cupboards. There is a spacious lounge/diner which leads to the private blacony.
The kitchen comprises fitted eye and base level units with gas cooker point, plumbing for a washing machine and space for a fridge/freezer.
The property also comes with three spacious bedrooms comprising two large doubles and a good size single. The bathroom comes with a three piece suite and part tiled walls.
The property is double glazed throughout and heated economically via gas central heating and the boiler is less than ten years old and has been serviced.
There is a long remaining lease of 89 years and low charges per month. An internal viewing comes highly recommended!
Elgar Path is located between Wenlock Street and Boyle Close in the sought after High Town area of Luton. Ideally located just half a mile from Luton Town Centre and Luton Mainline Station.
Good schooling is provided nearby via St. Matthews primary and Stopsley Secondary schools.
Service Charge: £93.25 p/m Ground Rent: £10 Annual Council Tax: £116 p/m EPC Rating: C Council Tax Band: A map (opens in a new window) Third FloorLounge/Diner: 16' 9'' x 10' 7'' (5.13m x 3.25m) Bedroom 1: 15' 10'' x 8' 0'' (4.83m x 2.44m) Bedroom 2: 12' 9'' x 8' 5'' (3.91m x 2.59m) Bedroom 3: 9' 4'' x 5' 6'' (2.87m x 1.68m) Entrance Hallway:Guest Cloakroom/WC:Family Bathroom:Balcony:ExteriorEntrance:Parking Space:Additional Information For more details please call us on or send an email to .
EPC Rating: C Lounge/Diner 3.25m x 5.13m Bedroom 1 2.44m x 4.83m Bedroom 2 2.59m x 3.91m Bedroom 3 1.68m x 2.87m
Value & comps
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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 Elgar Path, Luton, LU2
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