Downs Road, Luton, Bedfordshire, LU1
TA

Downs Road, Luton, Bedfordshire, LU1

By Taylors Estate Agents

£ 120,000

Reviews

2 out of 5 stars

Taylors Estate Agents says ..

Excellent Investment Opportunity: Two-Bedroom Apartment on Downs Road, Luton This spacious two-bedroom apartment on Downs Road presents an outstanding investment opportunity for any potential buyer. With 85 years remaining on the lease, this property offers both immediate value and lon...

Property Oracle says ..

This two-bedroom apartment in Luton, located on Downs Road, is currently listed for £120,000. The property’s most prominent feature is its poor condition. The provided photos reveal a property in need of complete refurbishment. The bathroom, in particular, shows substantial damage and requires complete renovation. The kitchen and bedrooms also demonstrate a lack of maintenance and cleanliness and require significant improvement. The apartment lacks a private garden. While the location offers proximity to Luton train station and several primary and secondary schools, the overall desirability of the location requires additional local market research. The price, while appearing low at first glance, needs careful consideration. Buyers should factor in the extensive and potentially costly renovation the property demands before making a purchase decision. Prospective buyers must conduct thorough due diligence including a full property survey to assess potential costs associated with bringing this property up to a livable standard. The limited information on similar nearby properties makes accurate price per square foot comparisons difficult. It’s crucial to determine the leasehold terms and any associated costs before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
6
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
485.45

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
269,233.00 £
Increased by 4.58 %
from 257,448.00 £
Est sale value
157,285.80 £
Increased by 15.30 %
from 136,411.45 £
Average area rental value
1,197.00 £/mo
Decreased by 2.52 %
from 1,228.00 £/mo
Est letting value
485.45 £/mo
Unchanged by 0.00 %
from 485.45 £/mo
Est rental Yield
5.34 %
Decreased by 6.64 %
from 5.72 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Taylors Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Dallow Primary SchoolAcademy Sponsor LedGood0.38 KM
Flying Start West Children'S CentreChildren's Centre0.38 KM
Farley Junior AcademyAcademy Converter0.62 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.72 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.74 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Beech Path £ 245,00000.00 KM
Friars Way £ 000.00 KM
Delphine Close £ 295,00000.00 KM
Marlow Avenue £ 220,00000.00 KM
Roebuck Close £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT1.88 KM
Luton Airport Parkway3645LTN3.89 KM
Leagrave1534LEA4.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Downs Road, Luton, Bedfordshire, LU1 £ 120,000BUY4 / 100.00 KM
Downs Road, Luton, Bedfordshire, LU1 £ 160,000BUY5 / 100.10 KM
Downs Road, LUTON, Bedfordshire, LU1 £ 155,000BUYUnknown0.10 KM
Wolston Close, Luton £ 190,000BUY6 / 100.10 KM
Wolston Close, Luton £ 150,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
31 Wolston Close £ 146,0000.11 KM
25 Wolston Close £ 105,0000.11 KM
8 Wolston Close £ 285,0000.11 KM
16 Wolston Close £ 175,0000.11 KM
12 Wolston Close £ 257,0000.11 KM