Wellington Street, Luton

This ground floor maisonette, located conveniently near Luton train station, is a promising investment opportunity with significant potential for value enhancement. With a long lease of approximately 106 years remaining, this property could provide an attractive gross rental yield of up to 13% at the current guide price. While the maisonette covers over 400 sq ft and boasts a modern open-plan design, it requires some updating to make the most of its investment potential. Ideal for investors or first-time buyers looking to leverage a light refurbishment project, this property benefits from a robust local rental market with achievable monthly rents in the region of £800–£850. The layout features a dual aspect lounge area that flows into a functional kitchen, alongside one bedroom and a shower room. On-street permit parking is available, further enhancing its appeal. This is an excellent opportunity for those looking to tap into the local property market by refurbishing an asset with sound fundamentals.