Summary - 43 FLAT 2 CARDIFF ROAD LUTON LU1 1PP
2 bed 1 bath Flat
Chain-free, town-centre two-bed ideal for first-time buyers or investors..
Chain free two-bedroom first-floor flat, approx 570 sq ft
106 years remaining on lease — long enough for mortgage lenders
Service charge £807/year; ground rent £250/year
Town-centre location with fast broadband and excellent mobile signal
Sold by Modern Method of Auction — buyer pays reservation fee
Reservation Fee 4.5% of price (min £6,600) plus £300 buyer pack
Kitchen dated and will require modernisation to maximise value
Small overall size — best for starters or rental use
A compact two-bedroom first-floor flat in central Luton, offered chain free and with over 100 years remaining on the lease. The apartment sits in a convenient town-centre location with fast broadband, excellent mobile signal and easy access to local shops, transport and amenities — useful for first-time buyers or buy-to-let investors targeting the student and rental market.
The accommodation comprises an entrance hall, open-plan lounge/kitchen, shower room and two bedrooms across approximately 570 sq ft. The building is modernist in style and the flat is described as being in generally good condition, though the kitchen is dated and will benefit from updating to raise rental value or owner comfort.
This property is being sold via the Modern Method of Auction. Bidders should note the buyer pays a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600) and a Buyer Information Pack fee of £300 (inc. VAT). These costs are additional to the purchase price and should be factored into financing plans. Service charge and ground rent are modest at £807 and £250 per year respectively.
Realistic buyers will see this as a compact, well-located starter home or a straightforward investor purchase with immediate rental potential in a multicultural student neighbourhood. Budget for some cosmetic updating to the kitchen and consider the auction fees and reservation timescale before bidding.
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