Just added

£130,000

1 bed flat for sale
Balfour House, 50 Guildford Street, Luton, Bedfordshire LU1

    • 1 bed

    • 1 bath

    • 1 reception

  • Chain free
  • Leasehold

Added on

Penrose Estate Agents

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About this property

  • Chain Free

  • Sold With Tennant In Situ Paying £850pcm

  • Situated In The Character Building Of Balfour House

  • Lift In Development

  • Stones Throw To Luton Train Station

  • High Ceilings

  • Lease Inexcess Of 100 Years

  • One Double Bedroom

  • First Floor

  • Viewing Advised

Balfour House, Guildford Street, Luton

An exceptional opportunity awaits with this charming one-bedroom apartment, ideally situated on the first floor of the distinguished Balfour House on Guildford Street, Luton. This property is offered to the market chain-free, presenting a seamless acquisition for discerning buyers.

Balfour House itself is a character-filled development, renowned for its architectural appeal and convenient amenities, including a lift, ensuring easy access to all floors. The apartment benefits from impressive high ceilings, enhancing the sense of space and light throughout the living areas. The accommodation comprises a generously sized double bedroom, a well-appointed bathroom, and a comfortable reception room, perfect for relaxation or entertaining. The layout is thoughtfully designed to maximise both comfort and functionality, making it an attractive proposition for a variety of purchasers.

One of the most compelling aspects of this offering is that the property is sold with a tenant already in situ, currently paying £850 per calendar month. This provides an immediate and consistent rental income from day one, making it an outstanding investment opportunity for those looking to expand their portfolio or enter the buy-to-let market with minimal fuss.

Location is paramount, and this apartment excels in that regard. It is literally a stone's throw from Luton Train Station, offering excellent connectivity for commuters to London and beyond. The vibrant town centre, with its array of shops, restaurants, and amenities, is also within easy walking distance, providing unparalleled convenience for daily living.

Furthermore, the property benefits from a substantial lease in excess of 100 years, providing long-term security and peace of mind for the new owner. This is a significant advantage, avoiding the complexities and costs associated with shorter leases.

Given its prime location, attractive features, and immediate rental income potential, early viewing is strongly advised to fully appreciate all that this superb apartment has to offer. Contact our estate agent today to arrange your visit and secure this fantastic investment.

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More information

  • Tenure

    Leasehold (113 years)

  • Service charge

    £2,400 per year

  • Council tax band

    A

  • 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.