1 bedroom flat for sale

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1 bedroom flat for sale

2b Downs Road, Luton, LU1
£120,000

Price History

Initial price £145,000
12/11/24 £130,000
22/11/24 £125,000
22/01/25 £120,000
Price Change -17.24%

Description

This amazing apartment is a chain-free property located close to the town center, perfect for an investment or first-time buyer. The spacious lower ground floor home features a large bedroom, bathroom with full bath and shower, and an open-plan living area with modern décor and wood flooring. The kitchen is contemporary and well-equipped, and the property benefits from a long lease of approximately 95 years. With a current gross yield of 4.7%, there is realistic scope to increase the rent to achieve a gross annual yield of 5.2%. The property is ready to move into and can be booked online 24/7 using the award-winning app. The seller is offering the property for sale using the innovative Reservation fee process, which reduces the risk of gazumping or double-selling.