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For saleReduced 15 May 2026
£135,000

26 John Street, Luton, LU1 2EE

1bedroom
1bathroom
Ground Maisonettetype
Leaseholdtenure

Listed 23 Feb 2026 · price reduced 15 May 2026 · Luton

How the price compares

This home£135,000
Median 1 bed in LU1£150k22 homes listed · £333 per sq ft
Difference-10%below the area median

Key features

  • GROUND FLOOR MAISONETTE
  • LONG LEASE OF 115 YEARS REMAINING
  • BRIGHT OPEN-PLAN LIVING / DINING AREA
  • REFITTED CONTEMPORARY BATHROOM
  • SPACIOUS DOUBLE BEDROOM WITH BUILT-IN STORAGE
  • SOUGHT-AFTER THE ELMS LOCATION (LU1)
  • IDEAL FOR FIRST-TIME BUYERS OR BUY-TO-LET INVESTORS

About this home

This well-presented one-bedroom maisonette is situated within the popular Elms development in Luton, offering a smart and practical home ideally suited to first-time buyers and buy-to-let investors achieving £1,100 per month (£13,200 per annum), offering an attractive gross yield of approximately 9.4%.The accommodation comprises a bright and spacious open-plan living and dining area, complemented by a fitted kitchen that provides both functionality and modern appeal. The layout is well considered, creating a comfortable space for everyday living as well as entertaining.Further benefits include a modern, refitted bathroom finished to a contemporary standard, and a well-proportioned double bedroom featuring built-in storage, allowing for efficient use of space without compromising on comfort.Located in the LU1 postcode, the property enjoys convenient access to Luton Town Centre, mainline railway station, and a range of local amenities. Excellent transport links, including the M1 motorway and London Luton Airport, make this an attractive option for commuters and tenants alike. With consistently strong rental demand in the area and good long-term prospects, this maisonette represents a sound investment opportunity as well as an ideal first step onto the property ladder.

Property details

Property type
Ground Maisonette
Tenure
Leasehold
Lease remaining
115 years left
Ground rent
£150 per year (Ask agent about the review period)
Service charge
£2,200 per year

Floorplan

Floorplan 1

Location

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1 on this map

  • Luton Station0.2 mi
  • Luton Parkway Station0.9 mi
  • Leagrave Station2.6 mi

What nearby homes sold for

Median sold prices in LU1 over the last 12 months: terraced £265k · semi-detached £345k · flat £155k · detached £520k.

AddressTypeSoldPrice
Flat 38, Auction House Courtyard, 25, John Street
Luton LU1 2JQ
Flat
Leasehold
8 Jun 2026£190,000
Flat 24, The Elms, 26, John Street
Luton LU1 2EE
Flat
Leasehold
1 May 2026£150,000
Flat 8, Waynes Court, John Street
Luton LU1 2JE
Flat
Leasehold
16 Dec 2024£65,000
Flat 1, Auction House Courtyard, 25, John Street
Luton LU1 2JQ
Flat
Leasehold
2 Sept 2024£120,000
Flat 42, The Elms, 26, John Street
Luton LU1 2EE
Flat
Leasehold
30 Aug 2024£150,000
Flat 13, The Elms, 26, John Street
Luton LU1 2EE
Flat
Leasehold
26 Apr 2024£135,000
31 John Street
Luton LU1 2JG
Flat
Leasehold
11 Apr 2024£117,500

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in LU1

Buying costs

Monthly repayment£675£13,500 deposit · £121,500 loan
Stamp Duty£200England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Esquire Estates, Luton on Rightmove (original listing). First listed 23 Feb 2026; details checked 7 Nov 2026. Latest change: reduced on 15/05/2026.

Agent disclaimer

Disclaimer - Property reference 12812676. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Esquire Estates, Luton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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