How much is Ashburnham Road, Luton?

The starting price is £36,000.

Ashburnham Road, Luton, LU1 1JN

Studio flat · LU1 1JN

172 sq ft1 bath

Starting price

£36,000

Auction: 28-day completion

Listing removedListed 232 days

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About

The property

** SOLD SUCCESSFULLY AT AUCTION BY AUCTION HOUSE BEDS & BUCKS ** Ground floor studio flat for refurbishment, located within easy reach of Luton Town Centre and local amenities.

Once refurbished this property should be able to generate around £700 PCM in rent that could equate an attractive gross yield of up to 18 %.

Features communal entrance, open plan studio room with kitchen area, large walk in cupboard, separate shower room and on street parking. Lease of 99 years from 2005, with a peppercorn ground rent.

TO REGISTER TO BID AND VIEW LEGAL DOCUMENTS, PLEASE VISIT OUR WEBSITE: auctionhouse.co.uk/bedsandbucks Accomodation - Communal Entrance - With front door to Studio Room - 4.88m x 2.87m (16 x 9'5) - Window to side, integrated cupboard, fitted kitchen units, sink unit, door to Shower Room - 2.87m x 0.86m (9'5 x 2'10) - Window top rear, shower tray, sink, WC, part tiled Storage Cupboard - 6'1 X 2'10 - Outside - Parking - On street parking available on a 1st come 1st served basis Lease Details - 99 YEAR LEASE FROM 2005, WITH 79 YEARS UNEXPIRED.

PEPPERCORN GROUND RENT, SERVICE CHARGE INFORMATION CURRENTLY AWAITED, PLEASE SEE LEGAL PACK Services - No appliances or services have been tested Council Tax - Band A Luton Council Price Information - *Guides are provided as an indication of each seller's minimum expectation.

They are not necessarily figures which a property will sell for and may change at any time prior to the auction.

Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees and Disbursements will charged to the buyer - see individual property details and Special Conditions of Sale for actual figures.

Buyers Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).

Buyers Premium Charge - The purchaser will be required to pay a premium charge of £1440 (£1200 plus vat) How To Get There - From Luton Town Centre, join the A505 and turn left into Cardiff Road and follow onto Ashburnham Road where the property will be on your right hand side.

Doisa/031125Sa0223 -

Key information

Price per sq ft

£209/sq ft

Based on 172 sq ft (16 sq m)

Floor area

172 sq ft (16 sq m)

Council tax band

Band A

Estimated ~£1,200/year

Tenure

Leasehold

Local authority

Luton

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Auction

What is it worth at the hammer?

Auction intelligence

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Returns

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Rent evidence

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Local SA Market

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Archie refurb estimate: a Pro feature

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Investment Disclaimer

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.

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Archie’s verdict

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Deal score · weighted

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Factor breakdown

BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market232 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market232

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

Still activeDay 232 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.