**Standout Features:**
- Modern one-bedroom ground floor maisonette
- Open plan living and kitchen area
- En-suite shower room
- Communal rear patio/garden space
- Off-street resident parking
- Auction sale guide price: £50,000+
- Chain free, ideal for investors or first-time buyers
**Potential Concerns:**
- Approximately 80 years remaining on the lease (may affect mortgage options)
- Heating system not present; reliance on electric heaters
- Property is in need of some modernization
This stylish one-bedroom maisonette nestled in the vibrant heart of Luton offers an excellent opportunity for first-time buyers or investors, with a guide price starting from just £50,000. The open plan living and kitchen area is bright and roomy, adorned with double glazing and laminate flooring. Relax in a cozy double bedroom, complemented by an en-suite shower room for added convenience. Enjoy the benefits of off-street parking and access to communal outdoor space behind the property.
While the maisonette is chain free, allowing for a swift purchase, consider the remaining 80 years on the lease; prospective mortgage lenders may hesitate, making this a cash purchase opportunity. However, with an estimated rental value of around £900 per month—offering up to a 20% yield—this property boasts significant income potential. With no central heating installed, plan for electric heaters; there are also minor modernization needs, perfect for those looking to personalize their new home.
Seize this exclusive opportunity at the upcoming online auction on August 26, 2025, and envision transforming this charming maisonette into your ideal living space or a profitable rental property.
