£130,000
1 bed flat for saleBalfour House, 50 Guildford Street, Luton, Bedfordshire LU1
1 bed
1 bath
1 reception
About this property
Chain Free
Sold With Tennant In Situ Paying £850pcm
Situated In The Character Building Of Balfour House
Lift In Development
Stones Throw To Luton Train Station
High Ceilings
Lease Inexcess Of 100 Years
One Double Bedroom
First Floor
Viewing Advised
An exceptional opportunity awaits with this charming one-bedroom apartment, ideally situated on the first floor of the distinguished Balfour House on Guildford Street, Luton. This property is offered to the market chain-free, presenting a seamless acquisition for discerning buyers.
Balfour House itself is a character-filled development, renowned for its architectural appeal and convenient amenities, including a lift, ensuring easy access to all floors. The apartment benefits from impressive high ceilings, enhancing the sense of space and light throughout the living areas. The accommodation comprises a generously sized double bedroom, a well-appointed bathroom, and a comfortable reception room, perfect for relaxation or entertaining. The layout is thoughtfully designed to maximise both comfort and functionality, making it an attractive proposition for a variety of purchasers.
One of the most compelling aspects of this offering is that the property is sold with a tenant already in situ, currently paying £850 per calendar month. This provides an immediate and consistent rental income from day one, making it an outstanding investment opportunity for those looking to expand their portfolio or enter the buy-to-let market with minimal fuss.
Location is paramount, and this apartment excels in that regard. It is literally a stone's throw from Luton Train Station, offering excellent connectivity for commuters to London and beyond. The vibrant town centre, with its array of shops, restaurants, and amenities, is also within easy walking distance, providing unparalleled convenience for daily living.
Furthermore, the property benefits from a substantial lease in excess of 100 years, providing long-term security and peace of mind for the new owner. This is a significant advantage, avoiding the complexities and costs associated with shorter leases.
Given its prime location, attractive features, and immediate rental income potential, early viewing is strongly advised to fully appreciate all that this superb apartment has to offer. Contact our estate agent today to arrange your visit and secure this fantastic investment.
Mortgage calculator
£650 per month
70+ lenders and 10,000+ products
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 (113 years)
Service charge
£2,400 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review



.png)