Cash-friendly buy with refurbishment upside near good schools and transport links.
Two double bedrooms and one family bathroom
Compact overall size — approximately 438 sq ft
67 years remaining on lease — mortgage lenders likely to refuse
Sold at auction; cash buyers advised, review legal pack
Allocated off-street parking and private garden
Double glazing and gas central heating present
Service charge £900 pa (below average); ground rent £900 pa (high)
Kitchen dated — scope for refurbishment to add value
This two-bedroom maisonette offers a compact, practical layout with clear rental and refurbishment potential in LU2. Set over one floor with double-glazed windows, gas central heating and allocated off-street parking, it suits cash buyers or investors looking for a low-entry asset in a well-connected part of Luton.
The property is small at around 438 sq ft but has two double bedrooms, a fitted kitchen and a modern family bathroom. A private garden adds outdoor space—a useful tenant or resale feature in this area. Broadband and mobile signals are strong and local schools have Good Ofsted ratings, supporting lettability to young families or professionals.
Important negatives are material to value and saleability: the lease has only 67 years remaining, which will likely prevent most mortgage lending and restrict the buyer pool to cash purchasers. The property is being sold at auction under online bidding terms and is recommended for buyers who have reviewed the legal pack and are comfortable with auction purchase conditions.
Ongoing costs include a service charge of £900 pa (below average) and a ground rent of £900 pa (relatively high). The interior shows some dated elements—particularly the kitchen—so modest refurbishment could improve rent and resale prospects but should be factored into any offer.
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