1/16
£340,000
Terraced · 3 beds · 1 bath · approximately1,152 sq ft
High Town Road, Luton, LU2
0.02 miles away
Freehold
1/40
1/40
9 bed flat for sale High Town Road, High Town, LU2
Guide Price
£1,075,000
Added on 24/09/2026
Added on 24/09/2026
- Type
- Flat
- Bedrooms
- 9
- Bathrooms
- 9
- Tenure
- Freehold
Council tax Band A £1,627 a year
Key features
- Freehold Residential Portfolio
- Located In High Town Luton
- 3 Buildings 9 Self Contained 1 Bedroom Flats
- Close To University Of Bedfordshire And Mainline Station
- Fully Let Income Producing Asset
- Established Professional Tenant Base
- Current Rental Income £87,600 Per Annum
- No HMO Licensing Requirements
- Reversionary Potential To Approx £94,600 Per Annum
- Sold As A Single Lot Investment Opportunity
About this property
Freehold Residential Investment Portfolio 253–259 High Town Road, Luton
A substantial freehold portfolio comprising three adjoining buildings and nine self contained one bedroom flats, offered for sale as a single lot. The portfolio provides immediate income with further reversionary potential.
Asset Overview •
- 9 x self contained one bedroom flats •
Council tax
Band A £1,627 a year
Per year
- Band AThis home: £1,627
- Band B£1,898
- Band C£2,169
- Band D£2,440
- Band E£2,982
- Band F£3,524
- Band G£4,067
- Band H£4,880
This home is in band A, which costs £1,627 a year in Luton for 2026/27.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Luton, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.
Location
High Town Road, High Town, LU2
Mortgage and stamp duty
Property price £1,075,000
£530k £1.6m
Deposit10% £108,000
£0 £1.1m
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £967,000 mortgage. Most lenders would want a household income of about £215,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 247, High Town Road Terraced | Terraced | Jun 2024 | 1,152 sq ft £263/sq ft | 1,152 sq ft | £263 | £303,000 |
| Flat 9, 241, High Town Road Flat / maisonette | Flat / maisonette | Mar 2024 | 420 sq ft £214/sq ft | 420 sq ft | £214 | £90,000 |
| 209, High Town Road Terraced | Terraced | Aug 2023 | 1,130 sq ft £254/sq ft | 1,130 sq ft | £254 | £287,500 |
| 263, High Town Road Terraced | Terraced | Feb 2022 | 1,066 sq ft £279/sq ft | 1,066 sq ft | £279 | £297,000 |
| 275, High Town Road Terraced | Terraced | Jan 2022 | 1,130 sq ft £327/sq ft | 1,130 sq ft | £327 | £370,000 |
| 301, High Town Road Semi-detached | Semi-detached | Dec 2020 | 1,130 sq ft £226/sq ft | 1,130 sq ft | £226 | £255,000 |
| 217, High Town Road Terraced | Terraced | Nov 2019 | 1,163 sq ft £219/sq ft | 1,163 sq ft | £219 | £255,000 |
| 281, High Town Road Terraced | Terraced | Sept 2019 | 872 sq ft £267/sq ft | 872 sq ft | £267 | £232,500 |
Area insights
The neighbourhood around this property.
