Flat 4, 23-25 Biscot Road, Luton, LU3 1AH
MC

Flat 4, 23-25 Biscot Road, Luton, LU3 1AH

By McHugh & Co

£ 25,000

Reviews

2 out of 5 stars

McHugh & Co says ..

LOT 61 **FOR SALE BY ONLINE AUCTION** on 11th February 2025 Leasehold Flat Vacant Possession

Property Oracle says ..

This property is a studio flat located in Luton at 23-25 Biscot Road. The listed price is £25,000. The flat is small, at 205 sq ft, and does not include a garden or outdoor space. The property’s condition appears to require some level of renovation or repair, particularly in terms of updating the bathroom and kitchen, and addressing the wall stains observed in the photographs. The location is reasonably close to Luton train station, and several schools are situated nearby. However, the surrounding neighborhood lacks sufficient detail to allow for a definitive assessment. Nearby properties vary significantly in price. It’s important for prospective buyers to conduct thorough due diligence, including a full survey, to assess the full extent of any necessary repairs and to confirm the leasehold details. The listing price may be appealing to investors or those seeking an affordable entry point to the Luton property market, providing they are prepared to undertake the necessary renovations. Considering the need for potential refurbishment, the lack of land, and the overall condition, further investigation is advisable before making any purchasing decision. The area is close to local amenities and transport links however, these benefits should be weighed against the extensive renovation required, to determine the overall value for money.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
4
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
205.00

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
118,500.00 £
Decreased by 52.10 %
from 247,403.00 £
Est sale value
30,135.00 £
Decreased by 51.32 %
from 61,910.00 £
Average area rental value
1,250.00 £/mo
Decreased by 11.54 %
from 1,413.00 £/mo
Est letting value
205.00 £/mo
Unchanged by 0.00 %
from 205.00 £/mo
Est rental Yield
12.66 %
Increased by 84.82 %
from 6.85 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • McHugh & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Bury Park Educational Institute (Al - Hikmah Secondary School)Other Independent School0.31 KM
Olive Tree Primary SchoolOther Independent SchoolRequires improvement0.33 KM
Denbigh High SchoolAcademy Converter0.50 KM
Flying Start West Children'S CentreChildren's Centre0.71 KM
Dallow Primary SchoolAcademy Sponsor LedGood0.72 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Poppy Close £ 000.00 KM
The Mount £ 000.00 KM
Beech Path £ 245,00000.00 KM
Bedford Gardens £ 000.00 KM
Buxton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT1.40 KM
Luton Airport Parkway3645LTN3.68 KM
Leagrave1534LEA4.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 11, 23-25 Biscot Road, Luton, LU3 1AH £ 25,000BUY5 / 100.00 KM
Biscot Road, Luton £ 50,000BUY5 / 100.04 KM
Flat 9, 23-25 Biscot Road, Luton, Bedfordshire LU3 1AH £ 46,000BUY5 / 100.04 KM
Flatt 12,, 23-25 Biscot Road, Luton LU3 1AH £ 20,000BUYUnknown0.04 KM
23-25 Biscot Road, Luton £ 50,000BUYUnknown0.09 KM

Nearby Properties

AddressPriceDistance
73 Biscot Road £ 185,0000.01 KM
19 Biscot Road £ 265,0000.01 KM
13 Biscot Road £ 365,0000.01 KM
51 Biscot Road £ 340,0000.01 KM
35 Biscot Road £ 139,5000.02 KM