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 The kitchen and bathroom are outdated and would require complete refurbishment.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 %
- Est sale value
- 217,374.10 £Increased by 21.12 %
- Average area rental value
- 1,053.00 £/moDecreased by 7.39 %
- Est letting value
- 592.30 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.51 %Decreased by 6.43 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Indigo Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rothesay Nursery & Children'S Centre | Children's Centre Linked Site | 0.62 KM | |
| Rothesay Nursery School | Local Authority Nursery School | Good | 0.62 KM |
| Chapel St | Children's Centre Linked Site | 0.71 KM | |
| Chapel Street Nursery School | Local Authority Nursery School | Good | 0.74 KM |
| Flying Start South @ The Mall | Children's Centre Linked Site | 0.84 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| St. George's Square | £ 0 | 0 | 0.00 KM |
| Peel Street | £ 125,000 | 0 | 0.00 KM |
| The Mount | £ 0 | 0 | 0.00 KM |
| Bedford Gardens | £ 0 | 0 | 0.00 KM |
| Buxton Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton | 1536 | LUT | 0.66 KM |
| Luton Airport Parkway | 3645 | LTN | 2.82 KM |
| Leagrave | 1534 | LEA | 5.05 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Inkerman Street, South Luton, Luton, Beds, LU1 1JB | £ 115,000 | BUY | 3 / 10 | 0.00 KM |
| Cardigan Street, Luton | £ 60,000 | BUY | 5 / 10 | 0.09 KM |
| Alma Street, Luton | £ 250,000 | BUY | Unknown | 0.09 KM |
| Cresta House, Alma Street, Luton, LU1 | £ 160,000 | BUY | 8 / 10 | 0.09 KM |
| Cresta House, Alma Street, Luton, LU1 | £ 200,000 | BUY | 6 / 10 | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 30 Inkerman Street | £ 33,892 | 0.02 KM |
| 42 Inkerman Street | £ 110,000 | 0.02 KM |
| 18 Inkerman Street | £ 75,000 | 0.02 KM |
| 50 Inkerman Street | £ 113,000 | 0.02 KM |
| 37 Alma Street | £ 85,000 | 0.09 KM |