Summary - 20 FELTON CLOSE LUTON LU2 9TD
1 bed 1 bath Maisonette
Compact first-floor flat near shops, M1 and airport — low price, refurbishment potential.
Chain-free upper-floor one-bedroom maisonette; auction sale with fees
A compact, chain-free one-bedroom upper maisonette in Wigmore, offered through a Modern Auction route. The flat occupies the first floor of a red-brick terrace and includes an entrance hall with stairs, a double bedroom, lounge/diner, separate kitchen and bathroom. The property has a small enclosed front garden and sits in a quiet cul-de-sac close to local shops, schools and the M1 — useful for commuters and airport staff.
This is a clear value proposition for a cash buyer or a hands-on investor seeking a low-cost entry into the Luton market. The accommodation is modest (approximately 313 sq ft) and will suit a single occupant, couple or buy-to-let portfolio addition. Broadband and mobile signal are strong and local schools and amenities are within walking distance.
Buyers must note material considerations: the lease has about 55 years remaining, which may prevent mortgage offers and will affect value; confirm lender criteria before bidding. The sale is by Modern Auction with an undisclosed reserve, a non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) and additional buyer costs — full details are in the buyer pack and should be read before viewing.
The property shows typical wear: external vegetation needs landscaping and kerb appeal work, and the interior kitchen and fittings show signs of use and will benefit from updating. No flood risk is recorded, but the area records higher local crime rates — consider security and insurance implications. Overall, this maisonette is a practical, low-footprint purchase for buyers prepared to manage lease issues and minor refurbishment to maximise future resale or rental value.
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