£154,995
1 bed flat for saleMay Street, Luton LU1
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Ideal Properties
.png)
About this property
*modern living in the heart of luton* Ideal Properties are pleased to offer this spacious one bedroom first floor flat located in the Town Centre, and just a very short walk away from an array of restaurants and shops within the Shopping Centre. You also have the Tram Line and Luton mainline Train Station, which has direct access to London St Pancras in just over 20 minutes. As well as this, the property offers very easy access to junction 10 of the M1 Motorway. In addition, there are both a primary school and a high school only a very short walk from the apartment.
Although this property is within very close proximity to all of the above amenities, it is actually still part of a residential area, which ads to the homely feel. The accommodation comprises open plan lounge and kitchen/diner, a good sized double bedroom and a large bathroom with w/c. Further benefits include a gas combi boiler which provides both central heating and hot water. Youll find that most modern flats are all electric, which usually means higher bills. It also benefits from double glazing, a communal garden and off road allocated parking which again is extremely difficult to find when looking at flats located in the town centre.
The lease is over a hundred years with a service charge of only 650 per year and a ground rent of just 150 per year. Were pretty certain that after looking around, youll find that the service charge and ground rent on this property are exceptionally low in comparison to other equivalent or similar properties.
The block itself only has four flats within it, which means that it doesnt have a constant flow of people in and out, which decreases the wear and tear on the communal area whilst also allowing the residents to enjoy a greater level of privacy. The building has been built fairly recently and unlike most new builds has been finished to a considerably high standard.
Whether youre buying to live in, or are just trying to get your foot onto the property ladder, this apartment offers fantastic returns, and with its low ground rent and service charge is genuinely a great investment which is constantly increasing in equity.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
More information
Tenure
Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review