Offers over
£95,000
Studio for saleGordon Street, Luton, Bedfordshire LU1
1 bed
1 bath
1 reception
- Leasehold
Penrose Estate Agents
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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.
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More information
Tenure
Leasehold (112 years)
Service charge
£2,600 per year
Council tax band
A
Ground rent
Ground rent date of next review