Just added

£140,000

1 bed flat for sale
Balfour House, Guildford Street, Luton LU1

    • 1 bed

    • 1 bath

    • 1 reception

  • Chain free
  • Leasehold

Penrose Estate Agents

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About this property

  • One Double Bedroom

  • Second Floor Apartment

  • Open Plan Kitchen/Lounge Diner

  • Refitted Shower Room

  • High Ceilings

  • Long Lease

  • Town Centre Location

  • Chain Free

  • Opposite Luton Train Station

  • Sold With Tennant It Situ Paying £900 pcm

Balfour House, Guildford Street, Luton

Discover an outstanding investment opportunity with this one-double-bedroom, second-floor apartment, ideally situated on Guildford Street in the heart of Luton town centre. Offered for sale with offers in excess of £140,000, this property presents a compelling proposition for investors, particularly as it is sold with a tenant already in situ, currently paying £900 per calendar month.

The apartment boasts a well-designed layout, featuring a spacious open-plan kitchen/lounge diner that creates a contemporary and inviting living space. The kitchen area is practical and functional, seamlessly flowing into the lounge and dining area, perfect for modern living. High ceilings throughout the apartment enhance the sense of space and light, adding to its overall appeal.

Accommodation includes a generously sized double bedroom, providing a comfortable retreat. The property also benefits from a recently refitted shower room, finished to a high standard, offering a sleek and modern aesthetic. The attention to detail in the refurbishment ensures a comfortable and low-maintenance lifestyle for its occupants.

One of the most significant advantages of this apartment is its prime location. Situated directly opposite Luton Train Station, it offers unparalleled connectivity for commuters, with fast links to London and beyond. This central position also means residents are just moments away from Luton's extensive array of shops, restaurants, entertainment venues, and essential amenities, making it highly desirable for tenants.

Further enhancing its appeal, the property comes with a long lease, providing peace of mind for the new owner. The fact that it is offered chain free simplifies the purchasing process, allowing for a smoother and quicker transaction. This, combined with the immediate rental income from the existing tenant, makes it an attractive, hassle-free investment.

This apartment represents a superb chance to acquire a well-maintained property in a highly sought-after location, promising strong rental yields and potential for capital appreciation. Early viewing is highly recommended to fully appreciate the quality and convenience this excellent property offers.

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More information

  • Tenure

    Leasehold (103 years)

  • Service charge

    £2,400 per year

  • Council tax band

  • Ground rent

    £200

  • 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.