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Auction House Courtyard, 25 John Street, Luton, Bedfordshire, LU1 2JQ

Floorplan 1
1

Key features

  • Chain Free
  • Fantastic Investment With Tennant Currently Paying £800 PCM
  • Well Presented Studio
  • Lease Over 100 Years
  • Walking Distance To Luton Train Station
  • Deceptively Spacious

Description

Located in the ever-convenient Auction House Courtyard, this well-presented studio apartment offers an exceptional opportunity for investors and first-time buyers alike. With the added benefit of being chain-free and a robust lease of over 100 years, this property is a rare find in the sought-after Luton market.

The apartment is currently tenanted with a rental income of £800 PCM, making it a fantastic investment prospect. Whether you’re an experienced landlord looking to expand your portfolio or an investor seeking a reliable return, this property delivers a steady income stream and the potential for future capital appreciation.
Stepping inside, the studio reveals itself as deceptively spacious, with a layout that optimises every square metre for comfortable living. The main living area is bright and versatile, offering ample space to configure sleeping, dining, and relaxation zones as per your requirements. The design is both functional and welcoming, making it ideal for tenants who value both aesthetics and practicality.

One of the standout features of this property is its prime location. Situated within walking distance of Luton Train Station, it’s perfect for commuters who need quick and easy access to transport links. The surrounding area offers a mix of retail, dining, and leisure amenities that cater to a variety of lifestyles, making it a highly desirable location for prospective tenants and residents.

The property’s chain-free status adds another layer of convenience, ensuring a smooth and efficient purchase process. Furthermore, with a lease extending well beyond 100 years, buyers can proceed with confidence, knowing that long-term ownership is secure.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Auction House Courtyard, 25 John Street, Luton, Bedfordshire, LU1 2JQ

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About Penrose Estate Agents, Luton

386 Hitchin Road Luton LU2 7SR
ABOUT US
Penrose Estate Agents - Your Agent Of Choice

Our names are Richard, Ben and Adam and we founded Penrose Estate Agents in 2016. Between us, we hold over thirty years of industry experience helping thousands of people in and around Luton complete their home moves.

We offer sellers and landlords a unique full range of marketing options, from an online only service through to traditional, fully managed moves.

We understand that our customers have very different desires and deserve a real choice on how we help them achieve the best possible price. By combining both the online and traditional services, we provide flexible solutions that will meet every customers demands.

When you instruct us to sell or rent your property you can rest assured you will be dealing with experienced and efficient property professionals, who care about both you and your home.

Your mortgage

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Years
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Monthly repayments
£535
We think you can borrow up to
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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685417975. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Penrose Estate Agents, Luton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Penrose Estate Agents, Luton on 01582 377582.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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