Summary - The Shires, Old Bedford Road, Luton, Bedfordshire, LU2 7QA LU2 7QA
2 bed 1 bath Flat
Renovation project with strong commuter links and value potential.
Chain free two-bedroom flat in need of full modernisation
Two double bedrooms and spacious reception room, approx 684 sqft
Share of freehold but only 45 years remaining on lease
Short lease may restrict mortgage availability — lenders may refuse
Reasonable service charge c.£880 per year (details TBC)
Walking distance to Wardown Park and easy access to Luton station
High local crime rate; factor in security and insurance costs
Grounds include communal garden; mid-century block, dated exterior
This chain-free two-double-bedroom apartment on Old Bedford Road offers clear upside for buyers prepared to renovate. The flat’s generous living room and two well-proportioned bedrooms create a flexible layout suited to rental or resale after modernisation. Natural light and a communal garden add everyday appeal once refreshed.
The property requires full updating throughout — cosmetic and systems work should be expected. The current 45-year lease is a material concern: some mortgage lenders may refuse to lend, so buyers should confirm finance options or plan for a cash purchase. Annual charges are reasonable at about £880; full lease and service details should be checked.
Location is a strong selling point. Luton Train Station and major road links are within easy reach, making the flat attractive to commuters. Wardown Park is within walking distance for recreation, and local amenities, schools, and shops are all nearby. With realistic pricing and share of freehold, the property offers an opportunity to add value for an investor or buyer willing to refurbish.
Viewings are recommended to assess condition and layout in person. The combination of location, size (approximately 684 sq ft), and chain-free sale makes this a practical project purchase, but the short lease and need for modernisation are decisive factors for financing and cost planning.
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