Summary - WAYNES COURT FLAT 7 JOHN STREET LUTON LU1 2JE
1 bed 1 bath Flat
Transport-linked investment with immediate rental income and low lease risk.
- Current rental income circa £1,100 pcm
- Town centre location, walking distance to Thameslink station
- 119 years remaining on the lease (leasehold)
- Sale marketed for buy-to-let investors only
- Compact one-bedroom layout, suitable for singles or couples
- Communal gardens and modern development setting
- Located in a very deprived area; consider capital growth risk
- Excellent transport links to M1 and Luton Airport
A compact one-bedroom apartment in the heart of Luton’s town centre, offered with an established rental return of approximately £1,100 pcm. The flat sits within The Elms development on John Street, a short walk from the Thameslink station and close to major M1 junctions and Luton Airport — strong transport links that appeal to lettings demand.
The layout comprises an entrance hallway, open-plan kitchen/living area, double bedroom and shower room, plus communal gardens. The sale is targeted at buy-to-let investors only; the property is leasehold with 119 years remaining, making it straightforward to add to a rental portfolio.
Important considerations: the building is in a very deprived area, which can affect long-term capital growth and tenant profiles. The apartment is compact and best suited to single tenants or couples; any buyer should allow for typical maintenance and communal service arrangements.
Overall this is a practical, transport-connected investment with immediate rental income and low lease risk, suited to investors seeking a central, easy-to-manage buy-to-let in Luton.
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