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Get brand editions for Penrose Estate Agents, Luton

Wellington Street, Luton, Bedfordshire, LU1 5AH

PROPERTY TYPE

Maisonette

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Floorplan 1
1

Key features

  • Chain Free
  • Town Centre Location
  • First Floor Maisonette
  • Fantastic Starter Home/Buy To Let
  • Zero Charges
  • Allocated Parking To Rear
  • Lease In Excess Of 900 Years
  • Well Presented Throughout
  • Deceptively Spacious
  • Viewing Advised

Description

Nestled in the heart of Luton town centre, this charming and deceptively spacious first-floor maisonette presents an exceptional opportunity for first-time buyers, those looking to downsize, or savvy investors seeking a lucrative buy-to-let property. Offered to the market chain-free, this residence promises a smooth and swift transaction, allowing you to settle into your new home with minimal fuss.

Upon entering, you are immediately struck by the well-presented interiors, which exude a sense of comfort and readiness for immediate occupation. The layout thoughtfully maximises space, providing a comfortable and functional living environment. The reception room serves as a welcoming hub, offering ample space for relaxation and entertaining, bathed in natural light that enhances its inviting atmosphere. This versatile area can easily accommodate various furniture arrangements, making it perfect for both quiet evenings in and social gatherings. The well-appointed kitchen provides a practical space for culinary endeavours. While compact, it is efficiently designed to cater to all your daily needs, ensuring that meal preparation is a breeze. The property boasts a generously sized bedroom, offering a peaceful sanctuary for rest and rejuvenation. This private space is large enough to comfortably accommodate a double bed and additional furnishings, providing a tranquil retreat from the hustle and bustle of daily life. Complementing the bedroom is a modern bathroom, fitted with contemporary fixtures and fittings, ensuring convenience and comfort.

One of the standout features of this property is the remarkable lease in excess of 900 years, offering unparalleled security and peace of mind for generations to come. This exceptionally long lease effectively negates any concerns typically associated with leasehold properties, making it feel akin to a freehold in terms of longevity and stability. Furthermore, the absence of any service charges or ground rent – truly zero charges – significantly reduces ongoing costs, making this an incredibly economical home to own and maintain. This rare benefit is a major draw, enhancing the property's appeal as both a primary residence and an investment.

Externally, the property benefits from allocated parking to the rear, a highly sought-after amenity in a town centre location. This dedicated parking space provides invaluable convenience, eliminating the daily struggle of finding parking and adding significant value to the property. The prime town centre location means you are just moments away from a comprehensive array of amenities, including diverse shopping facilities, a wide selection of restaurants and cafes, vibrant entertainment venues, and essential services. Excellent transport links, including Luton mainline train station, are within easy reach, offering fast and frequent connections to London and beyond, making it ideal for commuters.

This first-floor maisonette represents an outstanding opportunity to acquire a well-maintained, low-cost, and conveniently located home. Its chain-free status, coupled with the incredibly long lease and zero charges, makes it an exceptionally attractive proposition. Whether you are stepping onto the property ladder for the first time, seeking a reliable investment, or simply looking for a comfortable and accessible home, viewing is highly advised to fully appreciate the quality and value on offer.
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.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
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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Energy performance certificate - ask agent

Wellington Street, Luton, Bedfordshire, LU1 5AH

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Get brand editions for Penrose Estate Agents, Luton

About Penrose Estate Agents, Luton

386 Hitchin Road Luton LU2 7SR

ABOUT US

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

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£884
We think you can borrow up to
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685442644. 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.

*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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