£120,000

1 bed flat for sale
Cardigan Street, Luton LU1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: E

Furnished
Leasehold
Added on 05/06/2026

About this property

  • The perfect investment or first time purchase

  • Virtual freehold - 965 years lease remaining

  • Allocated parking space in the heart of luton town centre

  • £0 zero ground rent

  • First floor

  • Circa £1000 rental income per month

  • 5 minute walking distance to luton train station

  • 5 minute walk to the mall

  • Available immediately

  • An internal viewing is highly recommended to apprecaite the investment value of the property.

Esquire Estate Agents are pleased to offer this amazing investment opportunity or first time purchase with this first floor one bedroom flat with parking in the heart of Luton Town Centre.

The property briefly comprises of a master bedroom, reception room with open plan kitchen and living quarters and family bathroom. Externally, the property has an allocated parking space which is a rare gem in the town centre and can potentially be rented out separately.

The property has an amazing lease at 965 years remaining and with no ground rent at all and minimal service charges it would make the perfect first time purchase to get on the property ladder, or an amazing investment purchase for the shrewd investor.

Potential rental income is circa £1000 P/CM.

An internal viewing is highly recommended to adequately appreciate the investment potential of this property.

Mortgage calculator

Monthly repayment

£600 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (965 years)

  • Service charge

    £1,768 per year

  • Council tax band

  • Ground rent

    £0

  • Ground rent date of next review

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