2-bedroom flat · LU3 3DL
Listing removedListed 478 days
Opportunity summary
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About
MANTONS ESTATE AGENTS are delighted to offer for sale this spacious & well appointed two bedroom first floor maisonette, located in the popular Sundon Park area & available with no upper chain.
This property is an ideal choice for first-time buyers or buy-to-let investors, with a rental income of approximately £1,200 per month.
Conveniently situated within close proximity to Leagrave ThamesLink train station & M1 junctions 11 & 11a, making it perfect for commuters.
The lease has approximately 85 years remaining, with a ground rent of £10 per annum & an annual service charge of £663.00.
The property offers a range of appealing features including gas central heating, double glazing & a well maintained private rear garden.
Internally, the accommodation comprises an entrance hall, a fitted kitchen & bathroom suite, spacious 17ft lounge/diner & two generously sized bedrooms.
Externally, the private rear garden is of a substantial size with mature shrubs & a patio area, a brick built storage shed & side access to the front garden.
There is a potential to create parking to the front with a dropped kerb in place. For further information or to arrange a viewing, please contact Mantons Estate Agents.
LOCATION Hillary Close is situated in Sundon Park, a highly popular residential area in the northern part of Luton.
Ideally positioned within walking distance of the main high street, residents benefit from a wide range of local amenities including doctors surgery, food outlets such as Greggs & Subway, convenience stores, Aldi, Tesco Express & a pharmacy.
For commuters, Leagrave Thameslink train station & M1 Junctions 11 & 11A are both easily accessible, offering excellent transport links.
The property falls within the catchment area for Parklea Primary School & Lealands High School, making it a great choice for families. ADDITIONAL INFORMATION EPC Rating D. Council Tax Band A.
768 Sq.ft (Approx.) LEASE INFORMATION 85 years remaining on the lease. Ground rent - £10.00 per annum. Service Charge - £663.00 per annum (Approx.). Includes building insurance.
Management Company - Luton Borough Council.
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.
Area
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FAQ
About Hillary Close, Sundon Park, Luton, LU3 3DL
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