Summary - MOULTON COURT 75 MOULTON RISE LUTON LU2 0AL
2 bed 1 bath Flat
Low-price auction lot for cash investors seeking refurbishment potential.
Two-bedroom split-level flat with vacant possession at auction
Approx. 513 sqft; purpose-built block with balcony and garage
Requires full modernisation; dated fixtures and visible wear
Lease ~46 years remaining — lenders may refuse mortgages
Guide price £55,000; buyers fee and possible extra completion charges
EPC rating E; Council Tax Band A (low cost)
Fast broadband and excellent mobile signal; double glazing present
Local area: high crime and very deprived — factor rental risk
A compact two-bedroom split-level flat in central Luton offered for online auction with vacant possession. Set across the third and fourth floors of a mid-20th century purpose-built block, the property requires full modernisation but includes a garage and balcony. Its location is convenient for Luton town centre, the train station and Wardown Park.
This is primarily an investor or cash-buyer opportunity. The lease has approximately 46 years remaining which will likely prevent mortgage lending; buyers must be prepared to complete within six weeks and factor in auction buyer fees and possible additional completion charges. The guide price is £55,000 and a buyer’s fee applies.
Interior condition is dated throughout — red carpet, older fittings and signs of neglect — offering clear scope for refurbishment and value-add. Practical positives include double glazing (post-2002), fast broadband, excellent mobile signal, an economical council tax band A, and a garage. Note the EPC rating of E and the local area statistics: high crime and very deprived wider area, so investment strategies should reflect those risks.
Buyers should review the legal pack closely before bidding: the short lease, ground rent (£80 pa), EPC and any special conditions or seller-applied completion fees materially affect value and exit options. Suitable for experienced investors, cash buyers, or developers comfortable with lease extension or conversion challenges.
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