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Balfour House, 50 Guildford Street, Luton, Bedfordshire, LU1 2PA

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

  • Chain Free
  • Sold With Tennant In Situ Paying £850pcm
  • Situated In The Character Building Of Balfour House
  • Lift In Development
  • Stones Throw To Luton Train Station
  • High Ceilings
  • Lease Inexcess Of 100 Years
  • One Double Bedroom
  • First Floor
  • Viewing Advised

Description

An exceptional opportunity awaits with this charming one-bedroom apartment, ideally situated on the first floor of the distinguished Balfour House on Guildford Street, Luton. This property is offered to the market chain-free, presenting a seamless acquisition for discerning buyers.

Balfour House itself is a character-filled development, renowned for its architectural appeal and convenient amenities, including a lift, ensuring easy access to all floors. The apartment benefits from impressive high ceilings, enhancing the sense of space and light throughout the living areas. The accommodation comprises a generously sized double bedroom, a well-appointed bathroom, and a comfortable reception room, perfect for relaxation or entertaining. The layout is thoughtfully designed to maximise both comfort and functionality, making it an attractive proposition for a variety of purchasers.

One of the most compelling aspects of this offering is that the property is sold with a tenant already in situ, currently paying £850 per calendar month. This provides an immediate and consistent rental income from day one, making it an outstanding investment opportunity for those looking to expand their portfolio or enter the buy-to-let market with minimal fuss.

Location is paramount, and this apartment excels in that regard. It is literally a stone's throw from Luton Train Station, offering excellent connectivity for commuters to London and beyond. The vibrant town centre, with its array of shops, restaurants, and amenities, is also within easy walking distance, providing unparalleled convenience for daily living.

Furthermore, the property benefits from a substantial lease in excess of 100 years, providing long-term security and peace of mind for the new owner. This is a significant advantage, avoiding the complexities and costs associated with shorter leases.

Given its prime location, attractive features, and immediate rental income potential, early viewing is strongly advised to fully appreciate all that this superb apartment has to offer. Contact our estate agent today to arrange your visit and secure this fantastic investment.
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.
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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, 50 Guildford Street, Luton, Bedfordshire, LU1 2PA

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Affordability

Monthly repayments£654
Property: £ 130,000
Deposit: £ 13,000
Interest rate: 5.35%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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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_685569998. 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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