1 bed flat for sale

The Elms, 26 John Street, Luton, Bedfordshire LU1

The Elms, John Street, Luton

Presenting an outstanding opportunity for both first-time buyers and astute investors, this deceptively spacious one-bedroom ground floor apartment is ideally situated within the highly sought-after 'The Elms' development in Luton town centre. Offered to the market with offers over £150,000 and crucially, chain-free, this property represents a hassle-free acquisition.

Upon entering, you are greeted by a well-maintained interior that immediately conveys a sense of comfort and modern living. The apartment boasts a generous reception room, providing ample space for both relaxation and dining. A key feature of this inviting living area is the set of patio doors, which not only flood the room with natural light but also provide direct access to the beautifully maintained communal gardens, offering a tranquil outdoor escape right on your doorstep – a rare find for a town centre apartment.

The well-appointed kitchen is designed for practicality, offering sufficient storage and workspace for everyday culinary needs. The double bedroom is a comfortable size, providing a peaceful sanctuary, whilst the contemporary bathroom is finished to a good standard, ensuring convenience and style.

One of the most compelling aspects of this property is its incredible investment potential. Currently, there is a tenant in situ, paying a healthy £1050 per calendar month, providing an immediate and attractive rental yield. This makes it an ideal 'buy-to-let' option for those looking to expand their portfolio or for new investors seeking a reliable income stream from day one. The 'chain-free' status further simplifies the purchasing process, making it an even more appealing proposition.

The Elms development itself is well-regarded for its upkeep and central location. Residents benefit from easy access to an extensive array of local amenities, including diverse shopping facilities, vibrant restaurants, cafes, and entertainment venues, all within a short stroll. For commuters, the proximity to Luton Train Station is a significant advantage, offering excellent links to London St Pancras International and beyond, making it perfect for those working in the capital or needing to travel frequently.

Furthermore, the property's ground floor position enhances its appeal, offering ease of access and a sense of privacy. The overall condition of the apartment and the development speaks volumes about the care taken, ensuring a comfortable and secure living environment.

This property truly combines the best of town centre living with the benefits of a well-maintained, spacious apartment and a strong investment return. Early viewing is highly advised to fully appreciate the quality, location, and significant potential this fantastic property has to offer. Do not miss the opportunity to acquire this superb home or addition to your investment portfolio.