House · LU4 0UU
For saleListed 854 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Promptmove is pleased to bring this chain-free, first-floor studio flat for sale in the popular lewsey farm area of Luton which is in close proximity of leagrave train station and Junction 11A of the M1 motorway.
Lease remaining 58 years Service Charges and Ground Rent: About £1200/year Current Rent Received: £800 pcm excluding bills & council tax Internally this studio flat briefly comprises a lounge/bedroom, a separate kitchen with fitted wall and base units along with a family 3 piece bathroom.
Externally there is a lawn at the front garden and along with ample off-street parking.
Bunting Road is situated within close proximity to local shops and amenities as well as Leagrave train station, M1 junction 11 and the new A5 link road.
Property Description: Lounge/Bedroom (13' 2'' X 15' 7'' (4.01m X 4.75m)) Double-glazed window to front aspect, loft access, television aerial, and telephone points.
Kitchen (9' 10'' X 5' 10'' (2.99m X 1.79m)) Fitted kitchen with a range of wall and base units with work surfaces, stainless steel sink unit with mixer taps, splash back tiling, cooker point, a space for a washing machine, space for fridge freezer and double glazed window to rear aspect.
Bathroom Double glazed window to side aspect, bath, shower over bath, wash hand basin, low-level WC and part tiled. Front Garden Mainly laid to lawn with path leading to the front door.
Summary Promptmove is pleased to bring this chain free, first floor studio flat for sale in the popular lewsey farm area of Luton which is in close proximity of leagrave train station and Junction 11A of the M1 motorway.
Lease remaining 58 years.
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
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FAQ
About Bunting Road, Luton
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