Summary - 7 THE STEPPING STONES LUTON LU3 2ST
1 bed 1 bath Apartment
Chain-free one-bed near Leagrave station — renovation project with short lease, ideal for investors..
Chain-free one-bedroom first-floor apartment
A chain-free, one-bedroom first-floor apartment a short walk from Leagrave train station and local shops. The compact 407 sq ft layout includes a lounge, double bedroom, kitchen with integral hob/oven and a shower room. Communal gardens and casual off-street parking add simple outdoor space.
This property is offered as a renovation/investment project: it requires refurbishment throughout (unfinished plaster, exposed floors shown) and has a remaining lease of 59 years. The short lease is a material issue — some mortgage lenders may refuse to lend and lease-extension costs will be significant. Buyers must factor lease and refurbishment costs into any offer.
Practical positives include no onward chain, EPC C, mains gas central heating, fast broadband and excellent mobile signal — all helpful for rental demand. The area is well connected: walking distance to Leagrave station, close to Marsh Road shopping parade and Junction 11 of the M1.
Note the wider area shows higher crime rates and local deprivation indicators; this can affect tenant demand and rental levels. Council tax is very low, which helps running costs, but the apartment’s small size and condition suit investors or buyers prepared to refurbish rather than those seeking a move-in ready home.
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