LU2 8DA - 1 bed ground floor retirement in Cannon Lane, LU2 8DA

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1 bedroom apartment for sale in Olympic Court, Cannon Lane, Luton, Stopsley, LU2

Summary - 4 Olympic Court, Cannon Lane LU2 8DA

1 bed 1 bath Apartment

Comfortable, low-maintenance living with strong communal facilities and on-site support.
Ground-floor retirement apartment with new carpets throughout
A well-presented ground-floor retirement apartment in Olympic Court, freshly refreshed with brand-new carpets throughout. The double bedroom benefits from fitted wardrobes and the living room has a feature fireplace, creating a comfortable, easy-to-manage home. The modern kitchen includes built-in appliances and the contemporary shower room is fitted with grab rails for added safety.

The development is designed for independent retirement living and offers strong communal benefits: a resident House Manager (Mon–Fri), homeowners’ lounge, landscaped gardens, guest suite, lifts, and a 24-hour emergency call system with CCTV and secure entry. One year’s service charge and ground rent are included in the sale price, giving a short-term cost advantage.

Practical considerations are straightforward: the flat uses electric room heaters (no gas central heating), parking is by allocated permit (subject to availability and an annual fee), and the service charge for the development is significant at £3,151.32 for the year ending 31/03/2025. Ground rent is £425 pa with a review due 1 January 2026. The lease has 111 years remaining.

This apartment will suit someone seeking low-maintenance, community-minded retirement living in a comfortable suburb with fast fibre broadband and excellent local amenities. It’s best for buyers content with electric heating and ongoing communal fees in exchange for security, on-site management and social facilities.

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