1 bed flat for sale

Alpine Terrace, Stockwood Crescent, Luton, Bedfordshire LU1

Excellent Investment Opportunity: Three OneBedroom Flats and One Studio

Ultimate Connexions is delighted to present an exceptional investment opportunity in the sought-after area of Alpine Terrace, Stockwood Crescent, Luton, LU1. We are offering four flats within a residential building comprising 28 units. These properties can be purchased individually or as a portfolio, providing flexibility for investors looking to expand their holdings.

Property Market Insights:

- Average Property Price Increase: 0.9% in the past 12 months
- Average Rental Price Increase: 5.9% in the past 12 months

Property Details:

- Location: Alpine Terrace, Stockwood Crescent, Luton, LU1
- Type: Three one-bedroom flats and one studio flat

Features and Benefits:

- Design and Comfort: These well-designed flats offer a perfect blend of comfort and convenience. The one-bedroom flats provide spacious living areas, while the studio flat features a compact yet functional open-plan layout.
- Prime Location: Situated in a desirable area of Luton, these flats provide easy access to local amenities, including shops, cafes, and parks, perfect for relaxation and leisure.
- Excellent Transport Links: The properties benefit from excellent transport links, making commuting and exploring the surrounding areas effortless.

Accommodation Details:

- One-Bedroom Flats: Duplex design with a lower ground floor kitchen and lounge area. Stairs lead to the first floor, which comprises the bedroom and a separate bathroom. Floor area ranges from 45m2 to 50m2 approximately.
- Studio Flat: Features an intelligently designed open-plan layout that maximizes the use of space. Floor area is approximately 30m2.

Lease and Financial Information:

- Lease: 125 years remaining
- Ground Rent: £250.00 per annum
- Occupancy Options: Flats can be offered with tenants in place or with vacant possession, depending on investor preference.

This is a prime opportunity to invest in a growing area with strong rental demand. For more information or to arrange a viewing, please contact Ultimate Connexions.