Summary - Old Bedford Road, Luton LU2 7NZ
1 bed 1 bath Apartment
Chain-free investment with an in-situ tenant paying £850pcm, ready to view.
Short walk to train station and town centre
Step into a straightforward investment: a modern one-bedroom apartment a short walk from the train station and town centre. Currently let at £850pcm, the property is sold chain free and comes with a long lease of 118 years, making it an easy addition to a rental portfolio.
The open-plan layout and contemporary building fabric offer low-maintenance living attractive to students and young families in the area. Broadband speeds and mobile signal are strong, and the building presents well externally with balconies and modern brick-and-white facades. Main heating is gas-fired via a boiler and radiators.
Running costs are reasonable for the location: the service charge is £800 (noted as below average). There is no flooding risk and local crime is described as very low, which supports tenant demand. The apartment totals about 533 sq ft and sits within a mid-terrace, multi-storey residential block.
Buyers should note the broader context: the wider area is classified as very deprived, which can affect long-term capital growth and rental stability. The property is leasehold, so long-term purchasers should be comfortable with that tenure and the current service-charge arrangements. Otherwise this is a practical, turnkey rental opportunity close to transport links.
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