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Get brand editions for Penrose Estate Agents, Luton

Midland Road, Luton, Bedfordshire, LU2 0BL

PROPERTY TYPE

Apartment

BEDROOMS

3

BATHROOMS

3

SIZE

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

Freehold

Floorplan 1
1

Key features

  • Open House 08/11/2025 2:30pm To 4pm Appointment Only
  • Block Of Three One Bedroom Apartments
  • Chain Free
  • Fantastic Investment As A Buy To Let
  • Opposite Luton Train Station
  • Potential Rental Amount Of £32,000 Per Annum
  • Sold With Freehold
  • All Individually Registered And Split
  • Easy Access To All Local Amenities
  • Viewing Advised

Description

Discover a unique chain-free investment: three individually registered one-bedroom apartments, sold with freehold, offering a potential £32,000 p.a. rental income, directly opposite Luton Train Station.

An outstanding and rare investment opportunity awaits with this block of three individually registered one-bedroom apartments, ideally situated directly opposite Luton Train Station on Midland Road, Luton. Offered for sale with offers over £350,000, this freehold property presents a compelling proposition for discerning investors seeking a robust buy-to-let asset with significant income potential.

Each of the three apartments has been individually registered and split, providing flexibility and clear ownership structures. This unique arrangement means the property is sold with the freehold, a highly desirable feature that adds long-term value and control for the new owner. With a potential rental income of £32,000 per annum, this investment promises an attractive yield, making it an excellent addition to any property portfolio.

The location is undoubtedly one of the strongest selling points. Being directly opposite Luton Train Station offers unparalleled connectivity, making these apartments highly appealing to commuters. Regular services provide swift access to London St Pancras International, Gatwick Airport, and beyond, ensuring a constant demand for rental properties in this prime spot. Furthermore, the property benefits from easy access to all local amenities, including shops, supermarkets, restaurants, and leisure facilities, all within a short walk. Luton town centre, with its comprehensive range of services and employment opportunities, is also readily accessible.

Each apartment comprises one well-proportioned bedroom, a modern bathroom, and a comfortable reception area, designed to maximise space and natural light. While specific internal details are best appreciated during a viewing, the layout is conducive to contemporary living, appealing to single professionals or couples. The presence of three bathrooms and three reception rooms across the block underscores the individual nature and self-contained aspect of each unit.

This property is offered to the market chain-free, simplifying the purchasing process and allowing for a quicker completion. This is particularly advantageous for investors looking to swiftly capitalise on the rental market. The estate agent highly recommends viewing this property to fully appreciate its potential and prime location. An Open House event is scheduled for 08/11/2025 from 2:30 pm to 4 pm, strictly by appointment only. This provides an ideal opportunity to explore the premises and discuss the investment prospects in detail.

Investing in this block of apartments not only secures a steady income stream but also offers the potential for capital appreciation in a well-connected and continually developing area. The convenience for tenants, coupled with the freehold ownership and individual registration of each unit, makes this a truly exceptional and hassle-free investment. Do not miss the chance to acquire this fantastic buy-to-let opportunity in a highly sought-after Luton location. Early viewing is strongly advised to avoid disappointment.
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.
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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.
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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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Energy performance certificate - ask agent

Midland Road, Luton, Bedfordshire, LU2 0BL

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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
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,597
We think you can borrow up to
Add your household income above
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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_685464447. 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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