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See how verdicts work2-bedroom flat · LU3 2EE
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GREAT BUY TO LET OR FIRST TIME BUY*** IMMACULATELY PRESENTED CHAIN FREE apartment benefiting from OPEN PLAN LOUNGE/KITCHEN/DINER and allocated parking.
DESCRIPTION: Internally the property briefly comprises of an entrance hall with secure entry phone system, open plan lounge/kitchen/diner and the kitchen comprises of a range of wall and base units, inset sink unit, built in oven, hob and extractor and space for all appliances.
There are two double bedrooms and a family bathroom comprising of a bath with shower over, vanitry wash hand basin, heated towel rail and WC.
Externally there is allocated parking at the rear and one visitors space. Heating is efficient and economical via gas to radiator heating whilst the windows are double glazed.
The ground rent and service charge is £140 per month and there is a lease of over 115 years remaining.
Located opposite a park with easy access to open countryside and approx 1.5 miles to Leagrave Thameslink railway station, this will see you at London St Pancras within approx 30 minutes.
Regular bus services to the town centre are available and it is close to local amenities. EPC rating B.
Entrance Hall Bedroom One 14' 11'' x 12' 0'' (4.57m x 3.66m) Bathroom Bedroom Two 10' 11'' x 6' 11'' (3.35m x 2.13m) Kitchen/Dining Room 22' 11'' x 14' 0'' (7.01m x 4.27m) Allocated Parking
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 Catsbrook Road, Icknield, Luton, Bedfordshire, LU3 2EE
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