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£195,000

2 bed flat for sale
Orchid Close, Luton, Bedfordshire LU3

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Chain free
  • Leasehold

Penrose Estate Agents

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About this property

  • Chain Free

  • Allocated Parking Bay

  • Less Than One Mile To Leagrave Train Station

  • Gas & Electric

  • Close To Local Amenities

  • Good School Catchment

  • First Floor Apartment

  • Lease Of 105+ Years

  • Ideal First Time Purchase Or Investment

  • Reasonable Charges

Orchid Close, Luton, Bedfordshire, Lu3 3Ex

Presented to the market chain-free, this delightful two-bedroom first-floor apartment offers an exceptional opportunity for first-time buyers, small families, or savvy investors seeking a well-located and well-maintained property in Luton. Boasting a highly desirable position, the apartment benefits from an allocated parking bay, ensuring convenience and peace of mind for residents.

The property features a generously proportioned living room, providing ample space for both lounging and dining areas. Large windows create a bright and airy atmosphere throughout the day. The layout is thoughtfully designed to maximise comfort and functionality.

The apartment comprises two comfortable bedrooms, offering versatile accommodation options. The master bedroom being a good size, accommodates a kingsize bed and additional furniture, while the second bedroom could serve equally well as a guest room, child's bedroom, or a dedicated home office, catering to modern living requirements. A well-appointed family bathroom serves both bedrooms, featuring contemporary fixtures and fittings, ensuring a comfortable and practical space for daily routines.

One of the standout features of this property is its excellent connectivity. Situated less than one mile from Leagrave Train Station, residents will benefit from swift and easy access to London and other key destinations, making it an ideal choice for commuters. Furthermore, the apartment's location ensures close proximity to a wide array of local amenities, including shops, supermarkets, eateries, and leisure facilities, all within easy reach, simplifying daily errands and enhancing lifestyle convenience.

Families will appreciate the property's location within a good school catchment area. This adds significant appeal for those with children or planning to start a family. The property benefits from both gas and electric services, ensuring efficient and reliable utility provision.

With a lease of over 105 years remaining, this apartment offers long-term security and peace of mind for the new owner, avoiding the immediate concerns often associated with shorter leases. The reasonable charges associated with the property further enhance its attractiveness, making it an economically sensible choice for both owner-occupiers and investors. This combination of a long lease and manageable outgoings makes it a highly competitive option in the current market.

This first-floor apartment represents an ideal first-time purchase, offering an accessible entry point into the property market without compromising on space, location, or essential features. Alternatively, for investors, its strong rental potential, desirable location, and reasonable running costs make it a compelling addition to any portfolio.

EPC: B
Construction: Brick Built
Gas & Electric: E-on
Water: Affinity

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More information

  • Tenure

    Leasehold (105 years)

  • Service charge

    £1,400 per year

  • Council tax band

    B

  • Ground rent

    £150

  • Ground rent date of next review

See all recent sales in LU3

Property descriptions and related information displayed on this page are marketing materials provided by - Penrose Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Penrose Estate Agents for full details and further information.