Offers over
£145,000
1 bed flat for sale26 John Street, Luton LU1
1 bed
1 bath
1 reception
EPC Rating: B
- Leasehold
Esquire Leagrave
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About this property
Ground floor maisonette
Long lease of 115 years remaining
Bright open-plan living / dining area
Refitted contemporary bathroom
Spacious double bedroom with built-in storage
Sought-after the elms location (LU1)
Ideal for first-time buyers or buy-to-let investors
This well-presented one-bedroom maisonette is situated within the popular Elms development in Luton, offering a smart and practical home ideally suited to first-time buyers and buy-to-let investors achieving £1,100 per month (£13,200 per annum), offering an attractive gross yield of approximately 9.4%.
The accommodation comprises a bright and spacious open-plan living and dining area, complemented by a fitted kitchen that provides both functionality and modern appeal. The layout is well considered, creating a comfortable space for everyday living as well as entertaining.
Further benefits include a modern, refitted bathroom finished to a contemporary standard, and a well-proportioned double bedroom featuring built-in storage, allowing for efficient use of space without compromising on comfort.
Located in the LU1 postcode, the property enjoys convenient access to Luton Town Centre, mainline railway station, and a range of local amenities. Excellent transport links, including the M1 motorway and London Luton Airport, make this an attractive option for commuters and tenants alike. With consistently strong rental demand in the area and good long-term prospects, this maisonette represents a sound investment opportunity as well as an ideal first step onto the property ladder.
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More information
Tenure
Leasehold (115 years)
Service charge
£2,200 per year
Council tax band
Ground rent
£150
Ground rent date of next review