Legacie Developments says ..

Property Oracle says ..

The property is a 2-bedroom, 2-bathroom apartment located in Luton City Centre, within The Hive development. The apartment is 950 sqft and is listed at £425,000.

The apartment appears modern and well-maintained based on the provided images. The kitchen and living areas are contemporary in design and the finishes appear to be of good quality. There is no evidence of wear and tear or the need for renovation.

The location is central in Luton, close to Luton train station (0.73km), providing good transport links. Several schools are also within a short distance, including Chapel Street Nursery School (0.50km) which has a good Ofsted rating. However, the lack of plot size indicates no private outdoor space.

Considering the average price of a property in the area is £269,233 and the average price per sqft is £324, the listed price of £425,000 for this 950 sqft apartment appears high. While the property is modern and well-located, the lack of outdoor space and the significantly higher price per sqft compared to the area average need to be considered. Nearby comparable apartments are listed at considerably lower prices.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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