£190,000
1 bed maisonette for saleWellington Street, Luton, Bedfordshire LU1
1 bed
1 bath
1 reception
EPC Rating: D
- Chain free
- Leasehold
Penrose Estate Agents
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About this property
Chain Free
Town Centre Location
First Floor Maisonette
Fantastic Starter Home/Buy To Let
Zero Charges
Allocated Parking To Rear
Lease In Excess Of 900 Years
Well Presented Throughout
Deceptively Spacious
Viewing Advised
Wellington Street, Luton
Nestled in the heart of Luton town centre, this charming and deceptively spacious first-floor maisonette presents an exceptional opportunity for first-time buyers, those looking to downsize, or savvy investors seeking a lucrative buy-to-let property. Offered to the market chain-free, this residence promises a smooth and swift transaction, allowing you to settle into your new home with minimal fuss.
Upon entering, you are immediately struck by the well-presented interiors, which exude a sense of comfort and readiness for immediate occupation. The layout thoughtfully maximises space, providing a comfortable and functional living environment. The reception room serves as a welcoming hub, offering ample space for relaxation and entertaining, bathed in natural light that enhances its inviting atmosphere. This versatile area can easily accommodate various furniture arrangements, making it perfect for both quiet evenings in and social gatherings. The well-appointed kitchen provides a practical space for culinary endeavours. While compact, it is efficiently designed to cater to all your daily needs, ensuring that meal preparation is a breeze. The property boasts a generously sized bedroom, offering a peaceful sanctuary for rest and rejuvenation. This private space is large enough to comfortably accommodate a double bed and additional furnishings, providing a tranquil retreat from the hustle and bustle of daily life. Complementing the bedroom is a modern bathroom, fitted with contemporary fixtures and fittings, ensuring convenience and comfort.
One of the standout features of this property is the remarkable lease in excess of 900 years, offering unparalleled security and peace of mind for generations to come. This exceptionally long lease effectively negates any concerns typically associated with leasehold properties, making it feel akin to a freehold in terms of longevity and stability. Furthermore, the absence of any service charges or ground rent – truly zero charges – significantly reduces ongoing costs, making this an incredibly economical home to own and maintain. This rare benefit is a major draw, enhancing the property's appeal as both a primary residence and an investment.
Externally, the property benefits from allocated parking to the rear, a highly sought-after amenity in a town centre location. This dedicated parking space provides invaluable convenience, eliminating the daily struggle of finding parking and adding significant value to the property. The prime town centre location means you are just moments away from a comprehensive array of amenities, including diverse shopping facilities, a wide selection of restaurants and cafes, vibrant entertainment venues, and essential services. Excellent transport links, including Luton mainline train station, are within easy reach, offering fast and frequent connections to London and beyond, making it ideal for commuters.
This first-floor maisonette represents an outstanding opportunity to acquire a well-maintained, low-cost, and conveniently located home. Its chain-free status, coupled with the incredibly long lease and zero charges, makes it an exceptionally attractive proposition. Whether you are stepping onto the property ladder for the first time, seeking a reliable investment, or simply looking for a comfortable and accessible home, viewing is highly advised to fully appreciate the quality and value on offer.
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More information
Tenure
Leasehold (970 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review