Summary - 15 54 Moreton Road North, Luton, Bedfordshire, LU2 9DP LU2 9DP
2 bed 1 bath Apartment
Auction opportunity for cash buyers and hands-on investors seeking value uplift.
- Ground-floor two-bedroom maisonette, approximately 438 sq ft
- Allocated off-street parking and small private garden
- Sold at auction; cash buyers only, online bidding applies
- Lease 67 years remaining — lenders likely to refuse mortgages
- Annual ground rent £900; service charge £900 per year
- Dated kitchen and finishes; clear refurbishment potential
- Gas central heating and double glazing present
- Council Tax Band A; fast broadband and excellent mobile signal
A compact two-bedroom ground-floor maisonette offered at auction, suited to cash buyers and investors seeking a low-entry rental or refurbishment project. The flat includes allocated off-street parking, a small garden and gas central heating. At about 438 sq ft the layout provides two double bedrooms, a fitted kitchen and one bathroom, making it practical for letting or owner-occupation after updating.
Buyers should note the short lease of 67 years and the £900 annual ground rent. Many mortgage lenders will refuse to lend on leases under this length, so purchase must be cash or with specialist financing. The property is sold via secure online bidding—terms apply.
The interior shows mid-late 20th century fittings with clear scope for renovation: the kitchen is dated and there is scope to modernise finishes to increase value and rental appeal. Service charge is modest at £900pa, council tax band A is low, and broadband/mobile coverage is good, which supports letting to working tenants or families.
Located in a mixed urban area with good access to local shops, schools rated ‘Good’ and transport links to Luton town centre and the airport, this is a practical holding for an investor or a cash buyer prepared to carry out refurbishment and address the lease issue in due course.
2 bedroom maisonette for sale in Moreton Road North, LU2 — £130,000 • 2 bed • 1 bath • 438 ft²
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1 bedroom house for sale in Malham Close, Luton, Bedfordshire, LU4 — £110,000 • 1 bed • 1 bath • 537 ft²
2 bedroom flat for sale in Cardiff Road, Luton, Bedfordshire, LU1 — £130,000 • 2 bed • 1 bath • 570 ft²
1 bedroom apartment for sale in Flat 10, Downs Road, Luton, LU1 — £80,000 • 1 bed • 1 bath • 533 ft²
2 bedroom apartment for sale in Sundon Park Parade, Luton, LU3 — £110,000 • 2 bed • 1 bath
