£112,500
1 bed flat for saleNapier Road, Luton LU1
1 bed
1 bath
1 reception
EPC Rating: C
Chain free
Leasehold
About this property
Shared Freehold
Good Transport Links
Available Now
Close to local amenities
Close to Schools and Shops
Easy access to M1 J10
Description
Key Features
🛏️ proper 1-bed: Separate double bedroom layout (not a studio).
📈 high yield: Generates approx. 7.5% Gross Yield (£8,400 pa).
🚀 value add: Potential to boost yield to 8.5% by adding white goods.
💷 instant income: Sold with professional tenant paying £700 pcm.
🏷️ reduced price: Exceptional value at £112,500 for quick sale.
🚆 commuter dream: Minutes from Luton Station (22 mins to London).
📍 prime location: Walking distance to The Mall & University.
Property description
Attention investors & first time buyers: A Gem with Upside Potential.
Reduced to £112,500, this property is the smart choice for savvy buyers. It combines the security of a leasehold asset with the high returns of a top-tier investment.
Why this is A "no-brainer" buy:
💰 1. The numbers (For Investors) Stop settling for 5%. This asset works harder for your money:
Immediate Income: Tenant in situ paying £700 pm (7.5% Yield).
Turn-Key: No void period. You earn from Day 1.
Value Add Opportunity: By simply adding white goods (Fridge/Washer), rent can be pushed to £800 pm.
Result: A potential 8.5% Gross Yield with minimal effort.
💎 2. The tenure (The "Golden Ticket") : Leasehold of 99 years from 2018
Negligible Ground Rent: Keep 100% of your profit.
🏠 3. The layout (Proper 1-Bed) Don't get stuck with a Studio. Banks and tenants prefer this layout:
Separate Bedroom: Privacy and separation from the living area (unlike studios).
Open Plan Living: Bright, modern, and efficient to heat.
Bank Friendly: Much easier to mortgage and resell than a studio flat.
🚆 4. The location (Commuter Hotspot)
London Connection: 22 mins to St Pancras International via Luton Station (walking distance).
Town Centre: Moments from The Mall, The Galaxy Centre, and Gyms.
Student Demand: Close to the University of Bedfordshire (ensuring constant tenant demand).
Summary: Properties with still remaining leasehold of more than 85 years at this price point are virtually non-existent. Whether you want an inflation-busting investment or a cost-effective London base, this is it.
Viewing: Strictly by appointment with LT Properties. Call today-assets with this Tenure and Yield do not sit on the market long.
Council Tax Band: A (Luton Borough Council)
Tenure: Leasehold (89 years)
Bedroom 1
Living Room
Kitchen
Bathroom
Key Features
🛏️ proper 1-bed: Separate double bedroom layout (not a studio).
📈 high yield: Generates approx. 7.5% Gross Yield (£8,400 pa).
🚀 value add: Potential to boost yield to 8.5% by adding white goods.
💷 instant income: Sold with professional tenant paying £700 pcm.
🏷️ reduced price: Exceptional value at £112,500 for quick sale.
🚆 commuter dream: Minutes from Luton Station (22 mins to London).
📍 prime location: Walking distance to The Mall & University.
Property description
Attention investors & first time buyers: A Gem with Upside Potential.
Reduced to £112,500, this property is the smart choice for savvy buyers. It combines the security of a leasehold asset with the high returns of a top-tier investment.
Why this is A "no-brainer" buy:
💰 1. The numbers (For Investors) Stop settling for 5%. This asset works harder for your money:
Immediate Income: Tenant in situ paying £700 pm (7.5% Yield).
Turn-Key: No void period. You earn from Day 1.
Value Add Opportunity: By simply adding white goods (Fridge/Washer), rent can be pushed to £800 pm.
Result: A potential 8.5% Gross Yield with minimal effort.
💎 2. The tenure (The "Golden Ticket") : Leasehold of 99 years from 2018
Negligible Ground Rent: Keep 100% of your profit.
🏠 3. The layout (Proper 1-Bed) Don't get stuck with a Studio. Banks and tenants prefer this layout:
Separate Bedroom: Privacy and separation from the living area (unlike studios).
Open Plan Living: Bright, modern, and efficient to heat.
Bank Friendly: Much easier to mortgage and resell than a studio flat.
🚆 4. The location (Commuter Hotspot)
London Connection: 22 mins to St Pancras International via Luton Station (walking distance).
Town Centre: Moments from The Mall, The Galaxy Centre, and Gyms.
Student Demand: Close to the University of Bedfordshire (ensuring constant tenant demand).
Summary: Properties with still remaining leasehold of more than 85 years at this price point are virtually non-existent. Whether you want an inflation-busting investment or a cost-effective London base, this is it.
Viewing: Strictly by appointment with LT Properties. Call today-assets with this Tenure and Yield do not sit on the market long.
Council Tax Band: A (Luton Borough Council)
Tenure: Leasehold (89 years)
Bedroom 1
Living Room
Kitchen
Bathroom
Mortgage calculator
Monthly repayment
£562 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (89 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review
.png){kind=logo}