£145,000
1 bed flat for saleGilderdale, Luton LU4
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Leasehold
Penrose Estate Agents
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About this property
One Bedroom
First Floor Flat
Well Proportioned
In Need Of Some Modernisation
Over 900 Year Lease
Zero Charges
Ideal First Time Purchase
Fantastic Buy To Let
Chain Free
Viewing Advised
Gilderdale, Luton
Nestled in the desirable area of Gilderdale, Luton, this charming one-bedroom first-floor flat presents an exceptional opportunity for first-time buyers, those looking to downsize, or savvy investors seeking a fantastic buy-to-let property. Offered to the market with no onward chain, this residence promises a smoother and quicker transaction process.
Upon entering, you are greeted by a well-proportioned living space that, while in need of some modernisation, offers immense potential to create a truly bespoke home tailored to your personal taste and style. The layout is practical and inviting, providing a comfortable environment for everyday living. The reception room is bright and airy, offering ample space for both relaxation and dining, making it an ideal hub for entertaining or simply unwinding after a long day. Natural light floods the space, enhancing its welcoming atmosphere.
Adjacent to the living area, the kitchen, though requiring an update, provides a functional footprint ready for a contemporary transformation. Imagine designing your dream kitchen, complete with modern fitted appliances and stylish finishes, to perfectly complement your lifestyle. This presents a superb opportunity to add significant value and personalise the property from the outset.
The property boasts a generously sized double bedroom, offering a peaceful retreat. This room provides ample space for a large bed and additional furnishings, ensuring comfort and practicality. The bathroom, conveniently located, is also ripe for modernisation, allowing you to create a spa-like sanctuary tailored to your preferences.
One of the most compelling features of this flat is its outstanding leasehold terms: An impressive lease of over 900 years remaining, coupled with the significant advantage of zero service charges and ground rent (all to be confirmed via solicitors on purchase). This rare combination offers exceptional long-term security and remarkably low running costs, making it an incredibly attractive proposition for any buyer.
Location is key, and Gilderdale offers excellent proximity to a range of local amenities. Residents will benefit from easy access to local shops, supermarkets, and recreational facilities. Transport links are readily available, with convenient access to bus routes and major road networks, making commuting straightforward. Leagrave, with its comprehensive array of retail, dining, and entertainment options, is just a short distance away. For those who commute further afield, Luton Airport Parkway station provides direct rail links to London St Pancras International, making this an ideal location for commuters.
This property represents an excellent investment opportunity, whether you are looking to step onto the property ladder or expand your portfolio. Its potential for modernisation, combined with its superb lease terms and desirable location, makes it a truly unique offering in the current market. Viewings are highly recommended to fully appreciate the potential and charm of this delightful flat.
All measurements are approximate and for guidance only. These particulars do not constitute an offer or contract. EPC Rating: C. Council Tax Band: A.
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More information
Tenure
Leasehold (900 years)
Service charge
Council tax band
A
Ground rent
Ground rent date of next review