1-bedroom house · LU2 7GL
Listing removedListed 498 days
Opportunity summary
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About
***TOP FLOOR CHAIN FREE OVER 60S RETIREMENT APARTMENT*** One bedroom top floor apartment available for the over 60s overlooking Wardown Park with communal gardens.
DESCRIPTION: The accommodation comprises from communal entrance with key fob entry system, entrance hall with built in storage cupboard, a further cupboard housing the hot water tank and security phone.
There is lounge/diner and kitchen off the lounge has a range of wall & base level units, inset sink unit, tiled splashbacks, built in oven & hob and space for fridge & freezer.
There is a double bedroom with fitted wardrobes and a bathroom comprising of a bath, vanity wash hand basin and WC.
Externally there is parking, communal garden areas overlooking Wardown Park and Lake.
Other notable features: A Development Manager can be contacted from various points within each property in the case of an emergency from the hours of 8:30 - 16:30.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. There are communal laundry facilities and living areas also available.
This property is available for the over 60's or in the event of a couple purchasing one person must be over the age of 60 and the other over 55.
There is a long lease of 101 years remaining and a service charge of £3500. Popes Court is located on the prestigious Old Bedford Road.
It is within walking distance to Wardown Park, Luton Town Centre, bus routes, local shops and other amenities. Leagrave & Luton train stations and the M1 are just a short drive away. EPC rating B.
Communal Entrance Hall Entrance Hall Kitchen 6' 11'' x 6' 11'' (2.13m x 2.13m) Lounge/Diner 15' 1'' x 10' 11'' (4.62m x 3.35m) Bedroom 13' 7'' x 8' 9'' (4.15m x 2.67m) Bathroom 6' 4'' x 5' 6'' (1.94m x 1.68m) Communal Gardens Parking
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 Popes Court, Old Bedford Road Area, Luton, Bedfordshire, LU2 7GL
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