Summary -
Flat 5 The Elms,26, John Street,LUTON,LU1 2EE
LU1 2EE
1 bed 1 bath Flat
Bright ground-floor one-bedroom with strong rental potential and fast transport links.
Large ground-floor one-bedroom: 58 sqm (624 sq ft)
Direct communal garden access from lounge and bedroom
Modern fitted kitchen with fridge-freezer and white goods
119 years remaining on lease (leasehold)
Service charge approx £1,600pa; ground rent £250pa
No allocated parking; on-street or nearby car parks only
Strong rental potential (~£1,000+ PCM); suited to investors/first buyers
Located in a student-heavy, very deprived area — consider resale risk
This spacious ground-floor one-bedroom apartment offers 58 sq metres (624 sq ft) of well-presented living close to transport links. French doors from both the bedroom and living room open onto communal landscaped gardens, bringing natural light and outdoor space to the home. The kitchen is modern and fitted with white goods, and the property includes a video entry system and Heating Interface Unit (HIU).
The property suits first-time buyers seeking a ready-to-move-in home and investors targeting rental income; advertised achievable rent is circa £1,000+ PCM. Practical features include communal bike storage, bin store and lift access. The lease has 119 years remaining, with an annual service charge around £1,600 and ground rent £250.
Buyers should note there is no allocated or off-road parking—on-street parking or nearby public car parks are the options. The building sits within a predominantly student and multicultural neighbourhood with high local amenities and excellent transport links, but the wider area scores as very deprived, which may affect long-term capital growth for some buyers.
Overall this is a large, well-equipped apartment in a highly connected location offering immediate occupation or steady rental income, balanced by ongoing service charges, ground rent and limited parking.
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