Chain-free studio with long lease near Luton Airport — ideal FTB or buy-to-let..
- Chain-free ground-floor studio with open-plan lounge/kitchen
- One double bedroom and one bathroom; compact 322 sq ft
- 950 years left on lease; no ground rent
- Service charge approx £90 pcm; council tax very low
- Close to Luton Airport and Parkway Station; good transport links
- Electric room heaters; EPC rating D (energy improvements likely)
- Building likely has uninsulated cavity walls; consider insulation costs
- Area classed as deprived; local crime average (affects rental/resale)
A chain-free ground-floor studio apartment offered with long lease length and immediate possession potential. The open-plan living room and fitted kitchen make efficient use of the compact 322 sq ft footprint, suited to a first-time buyer or buy-to-let investor looking for a low-entry purchase close to Luton Airport and Parkway Station.
Practical benefits include double glazing, a secure communal entrance with entry phone, 950 years remaining on the lease and no ground rent. Service charge is approximately £90 per calendar month and council tax is very low, helping to keep ongoing costs manageable for landlords or new owners.
Be frank about the limitations: heating is electric room heaters, the EPC is a D, and the building is from the late 1960s/early 1970s with cavity walls likely uninsulated, so further energy improvements may be required. The apartment is small and best suited to single occupancy or as a rental; the surrounding area scores as deprived and local crime is average, which will influence tenant profiles and resale expectations.
Overall this is a practical, budget-priced entry into the market for buyers who prioritise location and long lease security over internal space and top-tier energy efficiency. Investors should factor in refurbishment and energy-improvement costs; first-time buyers benefit from low running charges and straightforward access to transport links.
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