Buy to Let Luton Flat
RW

Buy to Let Luton Flat

By RW Invest

£ 325,000

Reviews

2 out of 5 stars

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 %
from 283,358.00 £
Est sale value
282,450.54 £
Increased by 21.12 %
from 233,194.86 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est letting value
769.62 £/mo
Unchanged by 0.00 %
from 769.62 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
19.00 %
Unchanged by 0.00 %
from 19.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.25 KM
Chapel StChildren's Centre Linked Site0.27 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.54 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.56 KM
Tennyson Road Primary SchoolAcademy Converter0.74 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Street £ 000.00 KM
Peel Street £ 125,00000.00 KM
Buxton Road £ 000.00 KM
Castle Street £ 000.00 KM
Western Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.84 KM
Luton Airport Parkway3645LTN2.62 KM
Leagrave1534LEA5.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Buy to Let Luton Flat £ 449,950BUY6 / 100.00 KM
Buy to Let Luton Flat £ 189,950BUY5 / 100.00 KM
Buy to Let Luton Flat £ 400,000BUY5 / 100.00 KM
Buy to Let Luton Flat £ 424,950BUY5 / 100.00 KM
Buy to Let Luton Flat £ 149,950BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
54 Hastings Street £ 90,0000.00 KM
38 Hastings Street £ 172,5000.00 KM
52 Hastings Street £ 240,0000.00 KM
50 Hastings Street £ 175,0000.00 KM
23 Hastings Street £ 295,0000.00 KM