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Luton, LU1

£40,000|Studio | 0 bedroom | Leasehold
Approximate area: LU1
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Added on 30th January 2026 by Connells, Luton
On the market for 7 months, 13 days
Summary
Built in 2013, this contemporary studio apartment is perfectly positioned on Chapel Street, just 0.3 miles from Luton Town Centre and the train station. An excellent opportunity for first-time buyers or investors, offering modern living with superb convenience and transport links.
EPC data
Date of EPC: 23rd June 2026 - Valid
EPC rating: C
Property age: 1950-1966
EPC energy efficiency rating: current 71, potential 73
Rent data
64 properties with the same number of bedrooms and style in the same area to let
The asking rent ranges from £400 to £1,110 which represents a yield of between 12% and 33.3% if buying at the asking price
A yield of 13.3% to 37% if purchased for 90% of the asking price (£36,000)
A yield of 15% to 41.6% if purchased for 80% of the asking price (£32,000)
Stamp duty
£
Main and only residence: £0.00
First-time buyer: £0.00
Buy-to-let: £2,000.00
Planning applications
Checking for planning applications…
Changes to property since tracking began
On 18th May 2026 the status was changed from SOLD STC to FOR SALE