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See how verdicts work2-bedroom flat · LU3 1AH
Listing removedListed 63 daysAuction 23 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Wednesday, 23 Sep 2026 at 11:00 Venue: Livestream ** up to 20 % gross rental yield (at guide) two bed two reception room flat in LU3 luton ** great location ** A great investment opportunity, this spacious top-floor two-bedroom flat offers the potential for an impressive gross rental yield of up to 20% (based on the guide price and an estimated rental income of £1,000 pcm).
Ideally suited to investors seeking strong returns, the property features two reception rooms, two bedrooms, separate fitted kitchen, shower room, and the added benefit of a residents' car park to the rear.
Conveniently located close to Luton town centre and excellent public transport links in the popular LU3 area, the flat is offered with a 99-year lease term, with approximately 79 years remaining, and benefits from a peppercorn ground rent.
Inside Measurements Please note maximum floor space measured due to sloping ceilings in some areas of the accommodation Communal entrance With stairs to all floors, the property is on the top floor Entrance Door to lounge 15'5 X 7'3 Double glazed window, eaves storage access, door to bedrooms, doorway to dining room 14'6 X 9'10 Double glazed window, door to shower room, door to kitchen 8'7 X 7'3 Double glazed window, fitted wall and base units, rolltop work surfaces, sink unit, integrated oven/hob.
Space for further appliances. Bedroom one 11'1 X 7'8 Double glazed window bedroom two 7'8 X 6'8 Double glazed window Shower room Shower cubicle, sink, WC, part tiled walls.
Outside Communal patio parking Resident car park to the rear, the lease states each flat is entitled to park one vehicle in the car park. Lease details With 79 years unexpired, peppercorn ground rent.
Service charges: Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property.
Because of this we are unable to provide figures relative to the current charges applicable to this property.
Viewings 05 Sep 2026 13:00-13:30 19 Sep 2026 13:00-13:30 Additional Fees Buyers Premium: The purchaser will be required to pay a buyers premium charge of £3000 (£2500 plus vat) Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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 Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
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FAQ
About Flat 13, 23-25 Biscot Road, Luton
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