Summary - 2 CARDIGAN MEWS LUTON LU1 1RN
1 bed 1 bath Apartment
Compact, renovated studio ideal for central living or rental income.
Chain-free studio, newly renovated throughout
Approx. 17 sqm (185 sq ft) — compact single-room footprint
85 years remaining on lease — renewal needed soon
Cash buyers only; limited mortgage options
Estimated rental income circa £750 pcm (attractive yield)
Service charge + ground rent ~£500 per year (low)
Electric room heating; solid walls likely uninsulated
Small communal courtyard; limited outdoor/private space
This compact studio maisonette offers a newly renovated, move-in-ready base in the heart of Luton town centre. The open-plan layout and contemporary finishes make it suitable for a single occupant or as a buy-to-let, with easy walking access to Luton Train Station, The Mall and local amenities.
The property is offered chain-free and has an estimated rental income of about £750 pcm, giving strong gross yield potential at the asking price. Annual service charge and ground rent combine to around £500, keeping running costs low. Communal external space provides limited outdoor access in this town-centre setting.
There are material constraints to note: the lease has approximately 85 years remaining and will need urgent attention or renewal, which can affect mortgageability and future value. The building has solid brick walls assumed without cavity insulation, and heating is by electric room heaters, so energy costs may be higher than a modern centrally heated home.
Cash buyers only. The accommodation is very small (approx. 17 sqm / 185 sq ft) with limited storage and single-room living, so it best suits a first-time buyer wanting central convenience or an investor targeting rental demand from students and commuters.
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