Wellington Street, Luton
HA

Wellington Street, Luton

By haart

£ 140,000

Reviews

2 out of 5 stars

haart says ..

A charming and well-presented one-bedroom first-floor apartment situated in the heart of Luton town centre. This inviting, chain-free property offers the ideal opportunity for first-time buyers, investors, or those looking to enjoy the convenience of a central location

Property Oracle says ..

This one-bedroom apartment in Luton town centre presents a mixed bag. Its central location is undoubtedly a strong selling point, offering easy access to shops, restaurants, transport links (Luton train station), and several schools. The proximity to Luton train station makes commuting easier for those working outside of Luton, or within a reasonable commuting distance to the train station. The property is close to several nursery and primary schools within a 1km radius.

However, the condition of the apartment needs attention. While functionally sound, it appears dated and could benefit from some significant improvements. The carpet shows stains, the kitchen cabinets are dated, and an overall refresh would be needed to increase its marketability. The lack of any outdoor space, a common feature of apartments, is a downside.

The price point seems relatively competitive within the context of similar properties in the area. Though the average price per square foot was not consistently provided for nearby properties, similarly priced, one-bedroom apartments do exist in this area. This makes this apartment a reasonable purchase. In addition to this, it’s important to note that Luton is undergoing some revitalization, with the possibility of future increases in property values.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
560.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
279,877.00 £
Decreased by 1.23 %
from 283,358.00 £
Est sale value
205,520.00 £
Increased by 21.12 %
from 169,680.00 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est letting value
560.00 £/mo
Unchanged by 0.00 %
from 560.00 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.49 KM
Chapel StChildren's Centre Linked Site0.50 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.62 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.63 KM
Flying Start South @ The MallChildren's Centre Linked Site0.68 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Peel Street £ 125,00000.00 KM
St. George's Square £ 000.00 KM
Windsor Street £ 000.00 KM
Buxton Road £ 000.00 KM
A505 £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.64 KM
Luton Airport Parkway3645LTN2.60 KM
Leagrave1534LEA5.31 KM

Nearby Listings

AddressPriceTypeScoreDistance
Wellington Street, Luton £ 140,000BUY5 / 100.00 KM
Treatz Dessert Parlour Restaurant, LU1 £ 120,000BUY8 / 100.09 KM
Hastings Street, Luton £ 145,000BUY6 / 100.18 KM
Regents Place, 11 Hastings Street, Luton, Bedfordshire, LU1 5BE £ 145,000BUYUnknown0.19 KM
Gordon Street, Luton, Bedfordshire, LU1 2QP £ 95,000BUY5 / 100.21 KM

Nearby Properties

AddressPriceDistance
36d Wellington Street £ 54,9950.04 KM
52 Wellington Street £ 5,0000.04 KM
13a Wellington Street £ 175,0000.04 KM
36b Wellington Street £ 123,0000.04 KM
38b Wellington Street £ 105,0000.04 KM