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The Elms, 26 John Street, Luton, Bedfordshire, LU1 2EE

PROPERTY TYPE

Ground Flat

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
  • Current Tennant Paying £1050 PCM
  • Town Centre Location
  • Fantastic Investment
  • Well Maintained Development
  • Easy Access To Luton Train Station
  • Deceptively Spacious
  • Patio Doors Leading To Communal Gardens
  • Ground Floor
  • Viewing Advised

Description

Presenting an outstanding opportunity for both first-time buyers and astute investors, this deceptively spacious one-bedroom ground floor apartment is ideally situated within the highly sought-after 'The Elms' development in Luton town centre. Offered to the market with offers over £150,000 and crucially, chain-free, this property represents a hassle-free acquisition.

Upon entering, you are greeted by a well-maintained interior that immediately conveys a sense of comfort and modern living. The apartment boasts a generous reception room, providing ample space for both relaxation and dining. A key feature of this inviting living area is the set of patio doors, which not only flood the room with natural light but also provide direct access to the beautifully maintained communal gardens, offering a tranquil outdoor escape right on your doorstep – a rare find for a town centre apartment.

The well-appointed kitchen is designed for practicality, offering sufficient storage and workspace for everyday culinary needs. The double bedroom is a comfortable size, providing a peaceful sanctuary, whilst the contemporary bathroom is finished to a good standard, ensuring convenience and style.

One of the most compelling aspects of this property is its incredible investment potential. Currently, there is a tenant in situ, paying a healthy £1050 per calendar month, providing an immediate and attractive rental yield. This makes it an ideal 'buy-to-let' option for those looking to expand their portfolio or for new investors seeking a reliable income stream from day one. The 'chain-free' status further simplifies the purchasing process, making it an even more appealing proposition.

The Elms development itself is well-regarded for its upkeep and central location. Residents benefit from easy access to an extensive array of local amenities, including diverse shopping facilities, vibrant restaurants, cafes, and entertainment venues, all within a short stroll. For commuters, the proximity to Luton Train Station is a significant advantage, offering excellent links to London St Pancras International and beyond, making it perfect for those working in the capital or needing to travel frequently.

Furthermore, the property's ground floor position enhances its appeal, offering ease of access and a sense of privacy. The overall condition of the apartment and the development speaks volumes about the care taken, ensuring a comfortable and secure living environment.

This property truly combines the best of town centre living with the benefits of a well-maintained, spacious apartment and a strong investment return. Early viewing is highly advised to fully appreciate the quality, location, and significant potential this fantastic property has to offer. Do not miss the opportunity to acquire this superb home or addition to your investment portfolio.
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
Communal 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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The Elms, 26 John Street, Luton, Bedfordshire, LU1 2EE

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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.

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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685448506. 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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