3-bedroom flat · LU2 7QB
For saleReduced £10.5k (−4.5%) on 6 AugListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mantons Estate Agents are delighted to offer for sale this spacious three bedroom first floor apartment, offered with no upper chain complications.
With 135 years remaining on the lease & recently refurbished, this property offers a fantastic opportunity for both first-time buyers & investors (approximate rental income of £1,400 per month).
It's excellent location provides easy access to Luton Thameslink railway station & Luton town centre.
The accommodation briefly comprises: Communal entrance accessed via a secure intercom system, a welcoming entrance hall, three double bedrooms, refitted bathroom, 19ft living room leading to a refitted kitchen.
Additional benefits include double glazed windows & doors, resident parking, newly installed carpets & replacement electric heaters.
Viewings are highly recommended to fully appreciate the space & condition this lovely apartment has to offer. Contact Mantons Estate Agents today to arrange your viewing.
Location The Shires, a purpose built apartment development, constructed in the 1960's that remains just as popular today as when it was first built.
Ideally located, it's only a short walk to Luton railway station, the town centre & University of Bedfordshire.
Excellent transport links are also close by, with Junction 10 of the M1 motorway & London Luton Airport just a short drive away.
For those who enjoy the outdoors, Popes Meadow, Peoples Park & Wardown Park are all within easy walking distance, perfect for leisurely walks & relaxation.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 52, The Shires, Luton
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