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Balfour House, Guildford Street, Luton

PROPERTY TYPE

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

  • One Double Bedroom
  • Second Floor Apartment
  • Open Plan Kitchen/Lounge Diner
  • Refitted Shower Room
  • High Ceilings
  • Long Lease
  • Town Centre Location
  • Chain Free
  • Opposite Luton Train Station
  • Sold With Tennant It Situ Paying £900 PCM

Description

Discover an outstanding investment opportunity with this one-double-bedroom, second-floor apartment, ideally situated on Guildford Street in the heart of Luton town centre. Offered for sale with offers in excess of £140,000, this property presents a compelling proposition for investors, particularly as it is sold with a tenant already in situ, currently paying £900 per calendar month.


The apartment boasts a well-designed layout, featuring a spacious open-plan kitchen/lounge diner that creates a contemporary and inviting living space. The kitchen area is practical and functional, seamlessly flowing into the lounge and dining area, perfect for modern living. High ceilings throughout the apartment enhance the sense of space and light, adding to its overall appeal.

Accommodation includes a generously sized double bedroom, providing a comfortable retreat. The property also benefits from a recently refitted shower room, finished to a high standard, offering a sleek and modern aesthetic. The attention to detail in the refurbishment ensures a comfortable and low-maintenance lifestyle for its occupants.

One of the most significant advantages of this apartment is its prime location. Situated directly opposite Luton Train Station, it offers unparalleled connectivity for commuters, with fast links to London and beyond. This central position also means residents are just moments away from Luton's extensive array of shops, restaurants, entertainment venues, and essential amenities, making it highly desirable for tenants.

Further enhancing its appeal, the property comes with a long lease, providing peace of mind for the new owner. The fact that it is offered chain free simplifies the purchasing process, allowing for a smoother and quicker transaction. This, combined with the immediate rental income from the existing tenant, makes it an attractive, hassle-free investment.

This apartment represents a superb chance to acquire a well-maintained property in a highly sought-after location, promising strong rental yields and potential for capital appreciation. Early viewing is highly recommended to fully appreciate the quality and convenience this excellent property offers.
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.
Permit
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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Balfour House, Guildford Street, Luton

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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£703
Property: £ 140,000
Deposit: £ 14,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
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_685150517. 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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