1-bedroom flat · LU3 3QX
Listing removedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming 1-Bed Ground Floor Maisonette Near Leagrave Station Presenting a fantastic opportunity to let a charming one-bedroom ground floor maisonette, ideally situated in Spear Close, Luton.
This property is available immediately, offering a seamless transition for its next occupant.
Its prime location provides exceptional convenience, particularly for commuters, with Leagrave Railway Station just a short distance away, ensuring easy access to London and beyond.
The maisonette itself is thoughtfully laid out, comprising a well-proportioned living room, perfect for relaxation and entertaining.
Adjacent to this, you will find a functional kitchen, ready for you to personalise and equip to your taste.
The property also benefits from a clean and modern family bathroom, completing the essential amenities for comfortable living.
Offered unfurnished, this residence provides a blank canvas, allowing tenants the freedom to infuse their own style and create a truly personal home.
The ground floor position adds to its appeal, offering easy access and a sense of privacy. Spear Close is a desirable location within Luton, known for its accessibility and local amenities.
Residents will appreciate the proximity to various shops, services, and green spaces, enhancing the overall quality of life.
The excellent transport links, including the nearby railway station and major road networks, make this an ideal choice for those needing to travel for work or leisure.
Prospective tenants should note the financial requirements for this property. A holding deposit equivalent to one week's rent will be required to secure the property.
Upon successful application and prior to moving in, a security deposit equivalent to five weeks' rent will be payable. This ensures a smooth and secure tenancy for all parties involved.
This one-bedroom ground floor maisonette represents an excellent opportunity for individuals or couples seeking a well-located, comfortable, and convenient home in Luton.
Its immediate availability and desirable features make it a highly attractive option in the current rental market.
Early viewing is highly recommended to fully appreciate all that this property has to offer.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
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FAQ
About 51, Spear Close, Luton
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