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Chain free
Leasehold

£130,000

1 bed flat for sale

Deacons Court, Villa Road, Luton, Bedfordshire LU2
1 bed
1 bath
1 reception
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£130,000

1 bed flat for sale
Deacons Court, Villa Road, Luton, Bedfordshire LU2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Chain free
Leasehold

About this property

  • Chain Free

  • Stones Throw From Luton Train Station

  • In Need Of Modernisation Throughout

  • Ground Floor One Bedroom Apartment

  • Lease Approx 150 Years

  • Residents Parking

  • Fantastic Buy To Let

  • Reasonable Service Charges

  • Spacious Living Area

  • Viewing Advised

Deacons Court, Villa Road, Luton

Penrose are delighted to offer this exceptional opportunity situated on Villa Road in Luton. Offered for sale chain free, this property presents a compelling proposition for first-time buyers, those seeking a convenient urban base, or savvy investors looking to expand their portfolio.

Upon entering, you are greeted by a spacious living area, offering ample room for both relaxation and dining. While the apartment is in need of modernisation throughout, this presents a unique chance for the new owner to infuse their personal style and create a truly bespoke living space. The potential for uplift in value through refurbishment is significant, making this an attractive project for those with a vision. The apartment comprises one well-proportioned bedroom, providing a comfortable retreat, and a single bathroom. The layout is practical and functional, maximising the use of space within this ground floor dwelling. Natural light filters into the rooms, contributing to a pleasant atmosphere.

One of the most compelling features of this property is its outstanding location. Being a stone's throw from Luton Train Station, commuters will appreciate the unparalleled convenience, with direct links to London and beyond. This proximity to major transport hubs not only simplifies daily travel but also significantly enhances the property's appeal for potential tenants, solidifying its status as a fantastic buy-to-let investment. The area also benefits from local amenities, shops, and services, all within easy reach.

Further enhancing its investment credentials, the property boasts a lease of approximately 150 years, offering long-term security and peace of mind for the purchaser. The service charges are noted as reasonable, contributing to the overall affordability and attractiveness of this apartment as a sound financial acquisition. Residents' parking is also available, a valuable asset in this well-connected urban setting.

This ground floor apartment offers a rare blend of superb location, long leasehold, and the exciting prospect of adding value through modernisation. Whether you are an investor seeking a high-yield rental property or an individual looking to create a personalised home in a prime location, this property demands attention. Viewing is highly advised to fully appreciate the potential and convenience this charming apartment has to offer.

More information

  • Tenure

    Leasehold (150 years)

  • Service charge

    £1,160 per year

  • Council tax band

    A

  • Ground rent

  • Ground rent date of next review

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