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Ryans Court, Ridgway Road, Luton, Bedfordshire, LU2 7RS

PROPERTY TYPE

Apartment

BEDROOMS

2

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.

Key features

  • Chain Free
  • Two Bedrooms
  • Popular High Town Area
  • Residents Parking To Rear
  • Lease Extension Cost Approximately £15000
  • Fantastic Buy To Let
  • Some Modernisation Required
  • Viewing Advised
  • Easy Access To Luton Train Station
  • First Floor Apartment

Description

An excellent opportunity awaits with this chain-free, two-bedroom first-floor apartment, ideally situated in the popular High Town area of Luton. This property is perfect for first-time buyers looking to step onto the property ladder or astute investors seeking a fantastic buy-to-let prospect with significant potential for capital appreciation.

The apartment features two bedrooms, a comfortable reception room, and a single bathroom, providing a practical layout for modern living. While some modernisation is required, this offers a superb chance for the new owner to personalise the space and add value, creating a home perfectly tailored to their tastes and needs.

One of the standout benefits of this property is its chain-free status, ensuring a smoother and potentially quicker transaction process. Furthermore, residents will appreciate the convenience of dedicated parking located to the rear of the building, a valuable amenity in this bustling urban location.

Location is key, and Ryans Court excels in this regard. Situated in High Town, residents benefit from easy access to a wide array of local amenities, including shops, supermarkets, and eateries. For commuters, the proximity to Luton Train Station is a significant advantage, offering direct links to London and beyond, making daily travel straightforward and stress-free. The area also provides good access to major road networks, including the M1 motorway.

Prospective buyers should note that a lease extension cost of approximately £15,000 is associated with the property. This has been factored into the attractive asking price of £130,000, reflecting the opportunity for a buyer to secure a valuable asset in a desirable location. This apartment represents a sound investment, particularly given the strong rental demand in Luton.

We strongly advise early viewing to fully appreciate the potential and prime location of this charming apartment. Contact our estate agent today to arrange your visit and avoid disappointment. This property truly offers a blend of convenience, potential, and an excellent entry point into the Luton property market.
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.
Residents
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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Ryans Court, Ridgway Road, Luton, Bedfordshire, LU2 7RS

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Renovation potential
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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.

Affordability

Monthly repayments£593
Property: £ 130,000
Deposit: £ 13,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685505034. 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.

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