Summary -
71 MILLINERS COURT,MILLINERS WAY,LUTON,LU3 1GQ
LU3 1GQ
1 bed 1 bath Studio
Affordable ground-floor studio near Luton station — ideal first-time buy or rental investment..
Ground-floor studio with long lease (117 years)
A compact ground-floor studio with a long lease (117 years) positioned within walking distance of Luton town centre and train station — practical for a first-time buyer or buy-to-let investor. The open-plan living/kitchen area is clean and modern in style with good natural light and low-maintenance flooring. Off-street parking is included, a useful perk in this location.
Notable running costs include an annual service charge around £1,660 and a ground rent of £200. The bathroom is dated, shows signs of mould and requires renovation to bring it up to modern standards. The overall apartment is small (approximately 323 sq ft) so it suits single occupants or couples rather than families.
The setting offers excellent mobile signal and fast broadband, with many local shops, amenities and schools nearby. However, the wider area is very deprived with above-average crime rates — buyers should factor local conditions and potential rental demand into their decision.
This property presents clear short-term potential for someone seeking an affordable entry into the market or a straightforward rental unit, provided the buyer accepts necessary bathroom works and the maintenance costs associated with the building.
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