Just added

£175,000

2 bed flat for sale
The Academy, Holly Street, Luton, Bedfordshire LU1

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

  • Chain free
  • Leasehold

Penrose Estate Agents

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About this property

  • Chain Free

  • Allocated Secure Underground Parking

  • Walking Distance To Town Centre Amenities And Train Station

  • Ideal Investment With Tenants Paying £1200

  • In Good Condition

  • En Suite To Master

  • Two Double Bedrooms

  • Balcony

  • Lease In Excess Of 100 Years

  • Luton Train Station Within Easy Reach

The Academy, Holly Street, Luton, Bedfordshire, Lu1 3Df

An exceptional opportunity awaits with this chain free, two-bedroom, two-bathroom apartment situated in the development of The Academy, Luton. This property offers a compelling blend of modern living, convenience, and investment potential, making it an ideal choice for a variety of buyers, from first-time purchasers to savvy investors.

Upon entering, you are greeted by a well-maintained interior that is in good condition throughout, ensuring a smooth transition for its new owner. The apartment features a spacious reception room, providing ample space for relaxation and entertaining. From here, access to a private balcony extends the living area outdoors, offering a pleasant spot for morning coffee or evening unwinds.

The accommodation comprises two generously sized double bedrooms. The master bedroom benefits from its own en suite bathroom, adding a touch of luxury and privacy. A second well-appointed bathroom serves the additional bedroom and guests, ensuring comfort and practicality for all residents. Both bathrooms are finished to a good standard, reflecting the overall quality of the property.

One of the standout features of this apartment is the allocated secure underground parking, a highly desirable amenity in urban living, providing peace of mind and convenience. The property's location is truly unbeatable, being within easy walking distance of Luton town centre amenities, including a wide array of shops, restaurants, and leisure facilities. Furthermore, Luton Train Station is also within easy reach, offering excellent transport links to London and beyond, making it perfect for commuters.

For investors, this property presents an outstanding opportunity. It is currently let with tenants paying £1200 per calendar month, offering an immediate and attractive rental yield. The lease is in excess of 100 years, providing long-term security and appeal. The combination of its prime location, desirable features, and strong rental income potential makes it a robust addition to any property portfolio.

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More information

  • Tenure

    Leasehold (105 years)

  • Service charge

    £3,068 per year

  • Council tax band

    C

  • 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.