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 %
- Est sale value
- 157,285.80 £Increased by 15.30 %
- Average area rental value
- 1,197.00 £/moDecreased by 2.52 %
- Est letting value
- 485.45 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.34 %Decreased by 6.64 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Taylors Estate Agents created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Dallow Primary School | Academy Sponsor Led | Good | 0.38 KM |
Flying Start West Children'S Centre | Children's Centre | 0.38 KM | |
Farley Junior Academy | Academy Converter | 0.62 KM | |
Rothesay Nursery & Children'S Centre | Children's Centre Linked Site | 0.72 KM | |
Rothesay Nursery School | Local Authority Nursery School | Good | 0.74 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Beech Path | £ 245,000 | 0 | 0.00 KM |
Friars Way | £ 0 | 0 | 0.00 KM |
Delphine Close | £ 295,000 | 0 | 0.00 KM |
Marlow Avenue | £ 220,000 | 0 | 0.00 KM |
Roebuck Close | £ 295,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Luton | 1536 | LUT | 1.88 KM |
Luton Airport Parkway | 3645 | LTN | 3.89 KM |
Leagrave | 1534 | LEA | 4.29 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Downs Road, Luton, Bedfordshire, LU1 | £ 120,000 | BUY | 4 / 10 | 0.00 KM |
Downs Road, Luton, Bedfordshire, LU1 | £ 160,000 | BUY | 5 / 10 | 0.10 KM |
Downs Road, LUTON, Bedfordshire, LU1 | £ 155,000 | BUY | Unknown | 0.10 KM |
Wolston Close, Luton | £ 190,000 | BUY | 6 / 10 | 0.10 KM |
Wolston Close, Luton | £ 150,000 | BUY | 5 / 10 | 0.11 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
31 Wolston Close | £ 146,000 | 0.11 KM |
25 Wolston Close | £ 105,000 | 0.11 KM |
8 Wolston Close | £ 285,000 | 0.11 KM |
16 Wolston Close | £ 175,000 | 0.11 KM |
12 Wolston Close | £ 257,000 | 0.11 KM |