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2 bed flat for sale Holly Street, Farley Hill, LU1

Guide Price

£170,000

Reduced on 07/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Tenure: Leasehold

Service charge £3,086 a yearGround rent £391 a year Council tax Band C £2,169 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Close to local amenities
Allocated underground parking
Close to juction 10 M1
Great investment opportunity
Two double bedrooms
Electric heating
Open plan living room and kitchen
Ground rent £390.52
Service charge £3085.95
Leasehold - 115 years remaining

About this property

Presenting an excellent opportunity to acquire a well-presented two-bedroom apartment within the highly sought-after The Academy development in Luton. Ideally located for commuters and professionals, the property offers convenient access to local amenities, leisure facilities, Junction 10 of the M1 motorway and Luton Parkway train station.

Council tax

Band C £2,169 a year

Per year

Band A

£1,627
Band B

£1,898
Band C

This home: £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 C, which costs £2,169 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.

Price guide

62 comparables · within 3 miles

Cheaper than 55% of the 2-bed flats for sale nearby right now.

This home, £170,000 Median £175,000 · £140,500 – £254,500

Compared with 62 2-bed flats for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Holly Street, Farley Hill, LU1

Open map Street View

Mortgage and stamp duty

Property price £170,000

£85k £255k

Deposit10% £17,000

£0 £170k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £153,000 mortgage. Most lenders would want a household income of about £34,000 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
Apartment 84, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Oct 2025	657 sq ft £259/sq ft	657 sq ft	£259	£170,000
Apartment 44, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Apr 2025	710 sq ft £253/sq ft	710 sq ft	£253	£180,000
Apartment 70, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Dec 2024	807 sq ft £235/sq ft	807 sq ft	£235	£190,000
Apartment 23, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Sept 2024	581 sq ft £310/sq ft	581 sq ft	£310	£180,000
Apartment 52, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Apr 2024	624 sq ft £240/sq ft	624 sq ft	£240	£150,000
Apartment 10, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Dec 2023	581 sq ft £284/sq ft	581 sq ft	£284	£165,000
Apartment 19, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Sept 2023	667 sq ft £279/sq ft	667 sq ft	£279	£186,000
Apartment 68, The Academy, Holly Street Flat / maisonette	Flat / maisonette	Sept 2022	797 sq ft £235/sq ft	797 sq ft	£235	£187,500