Luton · LU4
Waller Avenue, Luton
Waller Avenue, Luton, LU4
RARELY AVAILABLE INVESTMENT OPPORTUNITY – THREE ONE-BEDROOM APARTMENTS & COMPLETE FREEHOLD An exciting and rarely available opportunity to acquire the complete freehold of a property comprising three well-proportioned one-bedroom apartments, arranged over two floors of accommodation. Offering excellent investment potential, the property provides three individually designed apartments, each offering generous living accommodation and modern amenities.
The home, in the agent’s words
- RARE INVESTMENT OPPORTUNITY
- THREE 1 BEDROOM APARTMENTS
- SHARED COMUNIAL REAR GARDEN
- FREEHOLD
- CHAIN FREE
- CLOSE TO LEAGRAVE TRAIN STATION
- CLOSE TO M1 J11
Read the full agent description
RARELY AVAILABLE INVESTMENT OPPORTUNITY – THREE ONE-BEDROOM APARTMENTS & COMPLETE FREEHOLD
An exciting and rarely available opportunity to acquire the complete freehold of a property comprising three well-proportioned one-bedroom apartments, arranged over two floors of accommodation.
Offering excellent investment potential, the property provides three individually designed apartments, each offering generous living accommodation and modern amenities.
Flat One – Ground Floor
The ground-floor apartment comprises a spacious lounge/diner, a large double bedroom, a modern fitted kitchen with a range of wall and base units, and a fully tiled three-piece bathroom suite with shower over the bath.
Flat Two – Second Floor
The second-floor apartment offers a very good-sized lounge/diner, a separate double bedroom, a modern kitchen/breakfast room and a three-piece family bathroom with shower over the bath.
Flat Three – Split-Level Apartment
The third apartment is a modern split-level one-bedroom property. The first floor provides a large double bedroom with en-suite facilities, complemented by a fully tiled three-piece bathroom suite with shower over the bath.
The property presents a rare opportunity for investors to acquire the complete freehold together with three well-sized one-bedroom apartments, providing the potential for an attractive combined rental income of up to £3,600 per calendar month, subject to the usual rental assessment and market conditions.
ADDITIONAL PURCHASE OPTION
The current seller is also willing to consider selling Flat Two and Flat Three separately to the same buyer, providing an alternative acquisition opportunity.
Both apartments would be sold with 999-year leases, with the ground rent and service charge combined at £100 per calendar month.
This offers prospective buyers the flexibility to acquire two of the apartments separately while benefiting from long lease terms and a straightforward combined ground rent and service charge.
With multiple purchase options available, this is a particularly rare and flexible investment opportunity that should not be missed.
With three separate apartments, generous accommodation and strong income potential, this is an opportunity that is unlikely to remain available for long.
An internal viewing is highly recommended to fully appreciate the size, versatility and investment potential this property has to offer.
A feel for the area
Connected for everyday life
100%of homes in the postcode can access 100+ Mbps broadband.
Available speed bands
- 30+ Mbps
- 100%
- 100+ Mbps
- 100%
- 300+ Mbps
- 100%
- 1,000+ Mbps
- 100%
Getting about
0.8 milesto Leagrave Rail Station
Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026Background air quality
- Fine particles · PM₂.₅
- 7.6 µg/m³ · Above the WHO guideline · well within the UK legal limit
- Nitrogen dioxide · NO₂
- 12.8 µg/m³ · Above the WHO guideline · well within the UK legal limit
Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.
Defra · 2024 annual model · 1 km areaLocal information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.
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The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.
Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.
Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.