1-bedroom flat · LU1 3DQ
To rentReduced £50 (−6.3%) on 31 JulListed 165 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIS IS AN INTERMEDIATE MARKET RENTAL (IMR) PROPERTY.
THIS IS A PRIVATE LET COUNCIL TAX BAND B The main or Joint applicant must be in an employment contract for over a year which is permanent and not Zero hours.
We cannot accept student finance as a form of income. Must pass an affordability check whereby rent and long-term commitments (loans, child support) do not exceed 45% of take-home pay + any benefits.
These homes are reserved for households with an income of less than £67,000 that do not own any property in the UK or abroad.
If you are offered a property - you are expected to start your contract immediately after all the checks are complete.
Upon move in, you will be expected to pay 1 month's rent and 5 week's deposit in advance. We DO NOT accept payment from the council towards your rent and deposit.
IMR offers low-cost rental homes with a choice of a 1 year tenancy which can be renewed depending on the conduct of the tenancy.
For more information about this property or to find out whether you meet the criteria for the scheme, please apply online via the available link. These properties are 1-bedroom flats.
Photos advertised are stock photos. Whitegoods - These are used but serviced and clean. They are part of the tenancy offer and cannot be exchanged or replaced by the resident.
Please note that we hold group viewings. There are 4 1 bedroom flats available, you would be welcome to view them all if you wish.
As part of the eligibility process, it is advised that you do a credit profile check on yourself via Experian.co.uk to ensure that you have no CCJ's, bankruptcy or any involuntary credit arrangements as this will lead to you not being offered a tenancy with us.
Please undertake this before you are offered a property with us.
There is no sign up or tenancy fees payable, but you will lose an initial deposit of £150 if you fail the Credit Check and or we cannot secure satisfactory Landlord and Employers references (written and verbal) If you are offered a property - you are expected to start your contract immediately after all the checks are complete (approx.
5-10 working days). Subject to no delays. Upon move in, you will be expected to pay 1 month's rent and 5 Week's deposit in advance.
We DO NOT accept payment from the council towards your rent and deposit.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 15, 32, 34 & 49 Skyline Place, Oxford Road, Luton, Bedfordshire, LU1
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