2-bedroom flat · LU3 4BN
For saleListed today
Opportunity summary
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About
Presented by Indigo Residential, this second floor two bedroom retirement apartment offers an exceptional opportunity to enjoy comfortable, low-maintenance living within a sought-after development.
The property is the largest in the block, thoughtfully designed for those seeking both independence and peace of mind, featuring a secure entry system and a 24-hour security emergency call system for reassurance.
There is a communal entrance with key fob entry system leading to a communal lounge area, there are fully equipped laundry facilities on the ground floor with a lift and stairs leading to all floors.
Entering the flat you are welcomed by a spacious hallway leading to two generously sized double bedrooms, both filled with natural light and offering ample room for furnishings.
The living room is a bright and inviting space, ideal for relaxing or entertaining, with large windows that frame pleasant views of the communal gardens.
The kitchen is both practical and modern, fitted with quality units and integrated appliances, while the bathroom is finished to a high standard, ensuring comfort and convenience.
With a long lease remaining, this apartment represents a secure investment as well as a wonderful place to call home.
Additional features include double glazing throughout and ample storage options, making daily living effortless.
Externally there are communal garden areas and there are parking spaces and visitor bays.
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 9:00 - 14:00.
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.
There is a long lease remaining of approximately 106 years.
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. Service Charges are £2627 Every Six Months.
Ground Rent is £250 Every Six Months.
Lounge/Diner 5.01m x 6.88m Kitchen 1.81m x 2.86m Bedroom One 3.02m x 5.08m Bedroom Two 2.48m x 4.61m Shower Room 1.73m x 2.09m
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 Lucas Gardens, Luton, LU3
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