Guide price
£60,000
2 bed flat for saleFlat 13, 23-25 Biscot Road, Luton, Bedfordshire LU3
2 beds
EPC Rating: D
Auction
Leasehold
About this property
For sale by auction on Wednesday, 23 Sep 2026 at 11:00
Venue: Livestream
** up to 20 % gross rental yield (at guide) two bed two reception room flat in LU3 luton ** great location **
A great investment opportunity, this spacious top-floor two-bedroom flat offers the potential for an impressive gross rental yield of up to 20% (based on the guide price and an estimated rental income of £1,000 pcm). Ideally suited to investors seeking strong returns, the property features two reception rooms, two bedrooms, separate fitted kitchen, shower room, and the added benefit of a residents' car park to the rear. Conveniently located close to Luton town centre and excellent public transport links in the popular LU3 area, the flat is offered with a 99-year lease term, with approximately 79 years remaining, and benefits from a peppercorn ground rent.
Inside
Measurements
Please note maximum floor space measured due to sloping ceilings in some areas of the accommodation
Communal entrance
With stairs to all floors, the property is on the top floor
Entrance
Door to
lounge 15'5 X 7'3
Double glazed window, eaves storage access, door to bedrooms, doorway to
dining room 14'6 X 9'10
Double glazed window, door to shower room, door to
kitchen 8'7 X 7'3
Double glazed window, fitted wall and base units, rolltop work surfaces, sink unit, integrated oven/hob. Space for further appliances.
Bedroom one 11'1 X 7'8
Double glazed window
bedroom two 7'8 X 6'8
Double glazed window
Shower room
Shower cubicle, sink, WC, part tiled walls.
Outside
Communal patio
parking
Resident car park to the rear, the lease states each flat is entitled to park one vehicle in the car park.
Lease details
With 79 years unexpired, peppercorn ground rent.
Service charges:
Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.
Viewings
05 Sep 2026 13:00-13:30
19 Sep 2026 13:00-13:30
Additional Fees
Buyers Premium: The purchaser will be required to pay a buyers premium charge of £3000 (£2500 plus vat)
Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream
** up to 20 % gross rental yield (at guide) two bed two reception room flat in LU3 luton ** great location **
A great investment opportunity, this spacious top-floor two-bedroom flat offers the potential for an impressive gross rental yield of up to 20% (based on the guide price and an estimated rental income of £1,000 pcm). Ideally suited to investors seeking strong returns, the property features two reception rooms, two bedrooms, separate fitted kitchen, shower room, and the added benefit of a residents' car park to the rear. Conveniently located close to Luton town centre and excellent public transport links in the popular LU3 area, the flat is offered with a 99-year lease term, with approximately 79 years remaining, and benefits from a peppercorn ground rent.
Inside
Measurements
Please note maximum floor space measured due to sloping ceilings in some areas of the accommodation
Communal entrance
With stairs to all floors, the property is on the top floor
Entrance
Door to
lounge 15'5 X 7'3
Double glazed window, eaves storage access, door to bedrooms, doorway to
dining room 14'6 X 9'10
Double glazed window, door to shower room, door to
kitchen 8'7 X 7'3
Double glazed window, fitted wall and base units, rolltop work surfaces, sink unit, integrated oven/hob. Space for further appliances.
Bedroom one 11'1 X 7'8
Double glazed window
bedroom two 7'8 X 6'8
Double glazed window
Shower room
Shower cubicle, sink, WC, part tiled walls.
Outside
Communal patio
parking
Resident car park to the rear, the lease states each flat is entitled to park one vehicle in the car park.
Lease details
With 79 years unexpired, peppercorn ground rent.
Service charges:
Our client has been unable to provide this information to us because they are an Asset Management Company with limited knowledge of this property. Because of this we are unable to provide figures relative to the current charges applicable to this property.
Viewings
05 Sep 2026 13:00-13:30
19 Sep 2026 13:00-13:30
Additional Fees
Buyers Premium: The purchaser will be required to pay a buyers premium charge of £3000 (£2500 plus vat)
Administration Charge - The purchaser will be required to pay an administration charge of £1,140 (£950 plus VAT).
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Mortgage calculator
Monthly repayment
£300 per month
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More information
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Ground rent
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