Summary - Flat 4, 65, Ashburnham Road LU1 1JN
1 bed 1 bath Studio
**Standout Features:**
- Ideal for renovation with a cozy studio layout
- First-floor position in a Tudor-style communal building
- High rental yield potential (up to 20%)
- Excellent location near Luton Town Centre and Train Station
- Free on-street parking
- Low council tax (Band A)
**Notable Concerns:**
- 79 years remaining on lease (potential mortgage issues)
- Requires modernization and may have damp issues
- High local crime rates and area deprivation concerns
**Summary:**
This charming studio flat offers a prime opportunity for renovation enthusiasts or first-time buyers seeking an affordable entry into the property market. Nestled within a Tudor-style building, the first-floor studio features a versatile open-plan living space measuring 13 x 12 feet, complete with a separate kitchenette and modern shower room. Enjoy the natural light streaming through double-glazed windows and the convenience of free on-street parking.
Located just a short walk from Luton Town Centre and Train Station, this flat is positioned for potential rental success, boasting an impressive gross yield of up to 20% post-renovation. However, prospective buyers should be aware of the 79 years left on the lease, which may pose challenges for financing. While the property does need modernization—and possibly some damp considerations—this is a fantastic opportunity to create a personalized residence in a vibrant community. Don't miss your chance to invest in this unique property; opportunities like this are rare!
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