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See how verdicts work2-bedroom property · LU2 7GY
For saleListed 944 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 first floor two bedroom retirement apartment constructed and managed by a reputable company 'Retirement Security' with no upper chain complications.
Simply relax and enjoy the benefits of the extensive services and support provided by a friendly and dedicated team of people, 24 hours a day.
On-site house manager, community functions including; Lunches, afternoon tea & coffee, domino's afternoons & arts & crafts days.
Guest facilities & communal lounge along with the option of meals, housekeeping & emergency call-outs are a few of the attributes on offer.
In brief the property comprises; Entrance hall (access via a secure intercom system) with storage cupboards, living room with a lovely box-bay window overlooking the road, fitted kitchen with integrated fridge & freezer, ample units & built in oven, fitted four piece bathroom suite & two double bedrooms, master with built-in wardrobes.
Further benefits include; Double glazing, gas central heating serviced via a combination boiler, communal landscaped gardens & parking facilities.
Contact Mantons Estate Agents for further information or to arrange an internal viewing.
LOCATION Bushmead Court is located off Hancock Drive on the popular Bushmead development, constructed in the 1990's. This particular property is positioned on the first floor overlooking the carpark.
On the same parade is a Coop supermarket, chemist, public house, hairdressers & restaurant, also within a short walk is a doctors surgery, bus route & beautiful countryside walks over Warden Hills.
ADDITIONAL INFORMATION EPC Rating B. Council Tax Band B. 796 sqft (Approx).
LEASE INFORMATION Lease - 125 years from new (2002) Service Charge - £836.31 per month (Approx.) Additional information available on request.
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 Hancock Drive, Bushmead, Luton, LU2 7GY
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