£140,000
1 bed flat for saleBalfour House, Guildford Street, Luton LU1
1 bed
1 bath
1 reception
About this property
One Double Bedroom
Second Floor Apartment
Open Plan Kitchen/Lounge Diner
Refitted Shower Room
High Ceilings
Long Lease
Town Centre Location
Chain Free
Opposite Luton Train Station
Sold With Tennant It Situ Paying £900 pcm
Discover an outstanding investment opportunity with this one-double-bedroom, second-floor apartment, ideally situated on Guildford Street in the heart of Luton town centre. Offered for sale with offers in excess of £140,000, this property presents a compelling proposition for investors, particularly as it is sold with a tenant already in situ, currently paying £900 per calendar month.
The apartment boasts a well-designed layout, featuring a spacious open-plan kitchen/lounge diner that creates a contemporary and inviting living space. The kitchen area is practical and functional, seamlessly flowing into the lounge and dining area, perfect for modern living. High ceilings throughout the apartment enhance the sense of space and light, adding to its overall appeal.
Accommodation includes a generously sized double bedroom, providing a comfortable retreat. The property also benefits from a recently refitted shower room, finished to a high standard, offering a sleek and modern aesthetic. The attention to detail in the refurbishment ensures a comfortable and low-maintenance lifestyle for its occupants.
One of the most significant advantages of this apartment is its prime location. Situated directly opposite Luton Train Station, it offers unparalleled connectivity for commuters, with fast links to London and beyond. This central position also means residents are just moments away from Luton's extensive array of shops, restaurants, entertainment venues, and essential amenities, making it highly desirable for tenants.
Further enhancing its appeal, the property comes with a long lease, providing peace of mind for the new owner. The fact that it is offered chain free simplifies the purchasing process, allowing for a smoother and quicker transaction. This, combined with the immediate rental income from the existing tenant, makes it an attractive, hassle-free investment.
This apartment represents a superb chance to acquire a well-maintained property in a highly sought-after location, promising strong rental yields and potential for capital appreciation. Early viewing is highly recommended to fully appreciate the quality and convenience this excellent property offers.
Mortgage calculator
£700 per month
70+ lenders and 10,000+ products
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 (103 years)
Service charge
£2,400 per year
Council tax band
Ground rent
£200
Ground rent date of next review



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