1-bedroom flat · LU1 5AE
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1920 per year. Ground rent (For Leasehold tenure): £140 per year.
My-Estate are proud to offer to the market a newly renovated one bedroom Ground Floor Flat Located at Gadsby Court, Wellington Streen in Luton.
This property is a short drive to Luton Town Centre, Luton Train Station, local amenities and nearby schools.
Location: This property located on Wellingstn Street benefits from its proximity to Junction 10 of the M1 motorway, and the M25 motorway Junction 6A is located 12 miles from Luton.
Luton has regular rail services to London and the Midlands and offers a choice of three separate railway stations being Luton Parkway Airport, Luton and Leagrave.
A typical train journey from London to Luton will take approximately 30 minutes.
Interior: This property briefly compromises of a large living space, double bedroom, Kitchen and a well presented bathroom. Property has just been fully refurbished top to bottom.
Exterior: Entrance from front and rear of the building. Car park available located at the rear of the building and also street parking subject to terms and conditions.
Additional Information: Luton is a vibrant, multicultural and cosmopolitan community.
Here are some of the facilities Luton has to offer: Museums, Theatre and Cinema Complex, Biggest European Carnivals also the Town Centre which has a wide variety of shops and markets which is only minutes away.
For further information please contact My-Estate on .
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 GADSBY COURT, WELLINGTON STREET, LUTON
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