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1 bedroom flat for sale
Midland Road, Luton, Bedfordshire, LU2
£190,000
Midland Road, Luton, Bedfordshire, LU2
£190,000
Our Summary
- This property offers an excellent investment opportunity or first-time purchase, boasting both stylish interiors and strong rental returns
Description
This stylish 1-bedroom apartment, located on the second floor of a modern development in LU2 0GH, offers an excellent investment opportunity or first-time purchase. The property boasts bright and spacious interiors, with a large open-plan living area that leads out to a private balcony with sweeping views. The modern kitchen is equipped with integrated appliances and ample workspace, while the well-proportioned double bedroom features wood flooring and plenty of natural light. The contemporary bathroom suite is complete with a tiled finish, bath, and overhead shower. With a 250-year lease from 2022 and a 10-year developer warranty, this apartment is a solid investment option. Currently tenanted, it achieves £1,185 PCM, and with a ground rent of £150 per annum and a service charge of £1,100-£1,300 per annum, it offers a strong rental return. The apartment is conveniently located near Luton train station, local shops, restaurants, and commuter links, making it the perfect blend of comfort, convenience, and long-term value.