Summary - Park House Park House Park House Park House Park House Park House Park House Park House Park House Park Street, Luton, LU1 LU1 3EY
1 bed 1 bath Studio
Ready-made buy-to-let close to university and transport links.
- Tenant in situ; ideal for immediate rental income
A compact, ready-made investment in central Luton, this studio sits within the Park House development close to the university and transport links. It is offered with a tenant in situ and an advertised rental potential of about £670 pcm, making it suitable for cash investors seeking immediate income.
The building provides on-site amenities including 24-hour security, concierge, gym and communal areas, and the studio is sold furnished with kitchenette and ensuite. The lease is long at 240 years and service charge and ground rent are disclosed, simplifying ongoing cost planning.
Buyers should note this is cash-purchase only and the area shows high crime and very high deprivation indicators — factors that may affect capital growth and lettability for some tenant profiles. Service charge (£2,076 pa) and ground rent (£150 pa) are material holding costs; verify exact figures and tenancy terms before committing.
Overall this is a pragmatic purchase for investors seeking an entry-level, income-producing asset in a university-linked location. The combination of tenant in situ, long lease and communal services reduces immediate management work, while the local market requires realistic yield and risk expectations.
Flat share for sale in G27 Park House 146 - 158 Park Street, Luton, LU1 — £40,000 • 1 bed • 1 bath
Studio flat for sale in Unit 279, Block B, Opto Village, 4 Dumfries Street, Luton, LU1 — £68,000 • 1 bed • 1 bath
Studio flat for sale in G49 Block C, Opto Village 4 Dumfries Street, Luton, LU1 — £68,000 • 1 bed • 1 bath
Studio flat for sale in G36, Block B, Opto Village, 4 Dumfries Street, Luton, LU1 — £62,000 • 1 bed • 1 bath
Studio flat for sale in 242 Block B Opto Village 4 Dumfries Street, Luton, LU1 — £60,000 • 1 bed • 1 bath
Studio flat for sale in 126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1 — £70,000 • 1 bed • 1 bath • 302 ft²
