Albany Grove, LU2
VA

Albany Grove, LU2

By VA Property Consultants

£ 115,000

Reviews

2 out of 5 stars

VA Property Consultants says ..

Looking for a stylish space with character? This gorgeous studio apartment combines old-school charm with modern vibes. Located in Albany Grove, a beautiful period property, this studio is one of just five apartments in the building. Nestled in a sought-after area, the property benefits from f...

Property Oracle says ..

The property is a studio flat located in Luton, Bedfordshire. The list price is £115,000. The property has recently undergone some renovations, as evidenced by the modern kitchen and bathroom. The property is located within a short distance of Luton Airport Parkway train station, providing convenient access to transport links. There are also several schools nearby, including Hart Hill Nursery School (rated \‘Good\’ by Ofsted) and Crawley Green Infant School (rated \‘Outstanding\’). The property appears to be in good condition, based on the provided images. The interior is modern and clean, suggesting recent renovations or refurbishment. The lack of a garden is a noteworthy factor. Considering the average price per square foot in the area is £276, and this property is listed at a price that is significantly below the average for the area. However, it is important to note that this is a studio flat, with no bedrooms or bathrooms, which significantly impacts its value compared to larger properties. The smaller size and lack of outdoor space are significant factors influencing the lower price point. The location, while near transport links and schools, may not be as desirable as other areas in Luton, potentially contributing to the lower price. Based on the provided information, the property seems reasonably priced for a studio flat in this location, considering its recent renovations and proximity to amenities. However, the lack of land and smaller size compared to the average property in the area should be taken into consideration.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
1
Bedrooms
0
Bathrooms
0
Sqft (est)
369.59

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
186,429.00 £
Decreased by 29.14 %
from 263,088.00 £
Est sale value
79,461.85 £
Decreased by 45.98 %
from 147,096.82 £
Average area rental value
1,015.00 £/mo
Decreased by 9.62 %
from 1,123.00 £/mo
Est letting value
369.59 £/mo
Unchanged by 0.00 %
from 369.59 £/mo
Est rental Yield
6.53 %
Increased by 27.54 %
from 5.12 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • VA Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
Hart Hill Nursery SchoolLocal Authority Nursery SchoolGood0.12 KM
Flying Start South @ Hart Hill Nursery SchoolChildren's Centre Linked Site0.18 KM
Windmill Hill SchoolFree Schools Special0.78 KM
Wenlock Cofe Junior SchoolVoluntary Aided SchoolRequires improvement0.80 KM
Crawley Green Infant SchoolFoundation SchoolOutstanding0.87 KM

Images

Beautiful Period Studio Apartment for Sale with P Large Studio Space Modern Fitted Kitchen Double Aspect Wndows Studio Studio Clean Bathroom Driveway Entrance Car Park Fabulous View of Luton

Nearby Streets

NameAverage PriceAverage SqftDistance
Derwent Road £ 000.00 KM
Whitecroft Road £ 000.00 KM
Kimpton Road £ 000.00 KM
York Street £ 000.00 KM
Armstrong Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton Airport Parkway3645LTN1.21 KM
Luton1536LUT1.28 KM
Leagrave1534LEA6.75 KM
Harpenden1543HPD9.30 KM

Nearby Listings

AddressPriceTypeScoreDistance
Albany Grove, LU2 £ 115,000BUY5 / 100.00 KM
Hart Hill Lane, Luton, Bedfordshire, LU2 £ 525,000BUYUnknown0.00 KM
Hart Hill Lane, Luton £ 550,000BUY6 / 100.01 KM
Hart Hill Lane, Luton £ 550,000BUY7 / 100.03 KM
Hart Hill Lane, Luton £ 500,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
7 Hart Hill Lane £ 310,0000.01 KM
1 Hart Hill Lane £ 235,0000.01 KM
17 Hart Hill Lane £ 330,0000.01 KM
13 Hart Hill Lane £ 192,5000.01 KM
9 Hart Hill Lane £ 435,0000.01 KM