We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · LU4 9DQ
Listing removedReduced £10k (−5.3%) on 1 JulListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Residential are pleased to present this modern two bedroom second floor apartment, located within the well-regarded Jonathan Henry Place development in Luton.
This well-presented property offers a great combination of space and practicality, making it an ideal purchase for first-time buyers, professionals or investors looking for a well-connected location.
Internally, the apartment features a bright and spacious open-plan living and dining area, seamlessly flowing into a contemporary fitted kitchen complete with modern appliances and ample storage.
The layout is perfect for both everyday living and entertaining.
The property further benefits from two generously sized double bedrooms, offering comfortable accommodation, along with a modern family bathroom finished with quality fittings.
Additional advantages include allocated parking and a secure entry system, providing both convenience and peace of mind for residents.
Situated within walking distance of Leagrave Train Station, the property is ideally placed for commuters, offering direct links into London and surrounding areas.
A range of local amenities including shops, eateries and parks are also close by, enhancing the overall appeal of the location.
Venture Residential's View: A fantastic opportunity to acquire a well-maintained apartment in a popular and convenient development.
With strong transport links and modern living throughout, this property is perfectly suited for both owner-occupiers and investors alike.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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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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 advisers 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.
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FAQ
About 55, Jonathan Henry Place, Luton
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