Inkerman Street, South Luton, Luton, Beds, LU1 1JB
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Inkerman Street, South Luton, Luton, Beds, LU1 1JB

By Indigo Residential

£ 115,000

Reviews

1 out of 5 stars

Indigo Residential says ..

*EXCELLENT BUY TO LET INVESTMENT WITH GREAT YEALD* INDIGO RESIDENTIAL are pleased to me marketing the spacious two bedroom apartment with balcony and secure parking just minutes from Luton...

Property Oracle says ..

This two-bedroom apartment in Luton, located on Inkerman Street, presents as a significant fixer-upper. The property’s listing price of £115,000 should be considered in context to its condition. Images show evidence of significant damp problems, stained carpets, and generally poor upkeep throughout the property. The kitchen and bathroom are outdated and would require complete refurbishment. The lack of outdoor space is also a factor. While the proximity to Luton town centre and railway station is a positive, the overall state of the apartment indicates substantial costs associated with renovation before achieving habitability. Potential buyers should be wary of hidden issues and factor a substantial renovation budget into any purchase decision. The location is convenient, with relatively close access to transport links and schools, however, further research is needed into the local area’s reputation and the quality of the schools. Investors may see this as a viable opportunity, assuming they can manage the costs of improvement and market demand for property in this area. Overall, the apartment needs extensive work and a detailed survey is crucial before committing to purchase.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
4
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
592.30

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
217,374.10 £
Increased by 21.12 %
from 179,466.90 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est letting value
592.30 £/mo
Unchanged by 0.00 %
from 592.30 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Indigo Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.62 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.62 KM
Chapel StChildren's Centre Linked Site0.71 KM
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.74 KM
Flying Start South @ The MallChildren's Centre Linked Site0.84 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St. George's Square £ 000.00 KM
Peel Street £ 125,00000.00 KM
The Mount £ 000.00 KM
Bedford Gardens £ 000.00 KM
Buxton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.66 KM
Luton Airport Parkway3645LTN2.82 KM
Leagrave1534LEA5.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Inkerman Street, South Luton, Luton, Beds, LU1 1JB £ 115,000BUY3 / 100.00 KM
Cardigan Street, Luton £ 60,000BUY5 / 100.09 KM
Alma Street, Luton £ 250,000BUYUnknown0.09 KM
Cresta House, Alma Street, Luton, LU1 £ 160,000BUY8 / 100.09 KM
Cresta House, Alma Street, Luton, LU1 £ 200,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
30 Inkerman Street £ 33,8920.02 KM
42 Inkerman Street £ 110,0000.02 KM
18 Inkerman Street £ 75,0000.02 KM
50 Inkerman Street £ 113,0000.02 KM
37 Alma Street £ 85,0000.09 KM