RW Invest says ..
2-bedroom apartment in Luton - perfect for tenants commuting to London. Projected 5% rental returns.
Property Oracle says ..
This Buy-to-Let flat in Luton presents a mixed bag. The property boasts a modern, well-maintained interior as shown in the provided pictures, suggesting recent renovation or refurbishment. The two bedrooms and two bathrooms cater to a range of potential tenants. Its proximity to Luton train station offers convenient access to transport links, and the close proximity to well-regarded nursery schools could be attractive to families. However, the absence of external photographs of the property limits the full appreciation of the overall condition. Also, this property appears to be a flat with no garden, which could be a factor for some buyers. The listed price, while seemingly reasonable given the size and amenities, needs further contextualization with comparative market data from similar properties in the area to provide a precise valuation. The lack of local market data makes it difficult to accurately assess the price per square foot value for money. Further information is needed for a conclusive assessment of the property’s potential value and investment opportunity.
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
- 8
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 769.62
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 %
- Est sale value
- 282,450.54 £Increased by 21.12 %
- Average area rental value
- 1,053.00 £/moDecreased by 7.39 %
- Est letting value
- 769.62 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.51 %Decreased by 6.43 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chapel Street Nursery School | Local Authority Nursery School | Good | 0.25 KM |
| Chapel St | Children's Centre Linked Site | 0.27 KM | |
| Rothesay Nursery School | Local Authority Nursery School | Good | 0.54 KM |
| Rothesay Nursery & Children'S Centre | Children's Centre Linked Site | 0.56 KM | |
| Tennyson Road Primary School | Academy Converter | 0.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Windsor Street | £ 0 | 0 | 0.00 KM |
| Peel Street | £ 125,000 | 0 | 0.00 KM |
| Buxton Road | £ 0 | 0 | 0.00 KM |
| Castle Street | £ 0 | 0 | 0.00 KM |
| Western Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton | 1536 | LUT | 0.84 KM |
| Luton Airport Parkway | 3645 | LTN | 2.62 KM |
| Leagrave | 1534 | LEA | 5.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Buy to Let Luton Flat | £ 449,950 | BUY | 6 / 10 | 0.00 KM |
| Buy to Let Luton Flat | £ 189,950 | BUY | 5 / 10 | 0.00 KM |
| Buy to Let Luton Flat | £ 400,000 | BUY | 5 / 10 | 0.00 KM |
| Buy to Let Luton Flat | £ 424,950 | BUY | 5 / 10 | 0.00 KM |
| Buy to Let Luton Flat | £ 149,950 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 54 Hastings Street | £ 90,000 | 0.00 KM |
| 38 Hastings Street | £ 172,500 | 0.00 KM |
| 52 Hastings Street | £ 240,000 | 0.00 KM |
| 50 Hastings Street | £ 175,000 | 0.00 KM |
| 23 Hastings Street | £ 295,000 | 0.00 KM |