Just added
  1. Property photo 1 of 5 4567520
  2. Property photo 2 of 5 4567522
  3. Property photo 3 of 5 4567523

Offers over

£95,000

Studio for sale
Gordon Street, Luton, Bedfordshire LU1

    • 1 bed

    • 1 bath

    • 1 reception

  • Leasehold

Penrose Estate Agents

Logo of Penrose Estate Agents

About this property

  • Town Centre Location

  • Generous Sized Studio Apartment

  • Sold With Tennant In Situ Paying £650 pcm

  • Great Investment

  • Easy Access To Major Transport Links

  • Mortgageable Purchase Available

  • Lease Over 110 Years

  • Viewing Advised

Gordon Street, Luton

Nestled in the vibrant heart of Bedfordshire, this exceptional studio apartment at Gordon Street presents a compelling opportunity for both seasoned investors and those looking to enter the property market with a secure asset. Offered for sale with 'Offers Over 95,000', this property is not just a home but a smart financial move, boasting a tenant already in situ, generating a consistent income of £650 per calendar month.

The apartment itself is a testament to clever design, maximising space and light to create a comfortable and highly functional living environment. Upon entering, you are greeted by a generous sized studio apartment that seamlessly integrates living, dining, and sleeping areas. The layout is thoughtfully arranged to provide distinct zones, ensuring a sense of spaciousness rarely found in studio properties. Large windows invite an abundance of natural light, enhancing the airy feel and offering pleasant views of the surrounding town centre.

The property features a well-appointed bathroom, designed with modern fixtures and fittings, providing a clean and contemporary space for relaxation. The kitchen area, while compact, is fully equipped to meet all culinary needs, making it perfect for a single occupant or a couple. The overall finish throughout the apartment is neutral and appealing, allowing new owners or tenants to easily personalise the space to their taste.

One of the most significant advantages of this property is its prime town centre location. Residents will benefit from unparalleled access to Bedfordshire's extensive array of amenities, including diverse shopping opportunities, a wide selection of restaurants and cafes, cultural attractions, and leisure facilities. Everything you could possibly need is just a short stroll away, making daily life incredibly convenient and enjoyable.

For commuters and those who value connectivity, the apartment's location truly shines. It offers easy access to major transport links, including Bedford railway station, which provides direct services to London St Pancras International and other key destinations. Major road networks are also readily accessible, simplifying travel by car. This excellent connectivity makes the property highly attractive to a broad range of tenants, ensuring continued demand and rental income.

From an investment perspective, this property is particularly appealing. The fact that it is sold with a tenant in situ paying £650 pcm means immediate rental yield from day one, eliminating void periods and the hassle of finding new tenants. Furthermore, the property is a mortgageable purchase, offering flexibility for buyers seeking financing. With a lease boasting over 110 years remaining, this provides long-term security and peace of mind for the discerning investor.

This great investment opportunity is not to be missed. The combination of a desirable town centre location, a generous studio layout, a secure rental income, and excellent transport links makes 12 Gordon Street an outstanding proposition. Viewing is highly advised to fully appreciate the potential and charm of this superb apartment.

In partnership with

Zoopla insights

Sign in and gain expert analysis to make informed decisions.

Stamp duty calculator

Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news

From 1st April 2025 £-

This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.

More information

  • Tenure

    Leasehold (112 years)

  • Service charge

    £2,600 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

See all recent sales in LU1

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.