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Balfour House, 50 Guildford Street, Luton, Bedfordshire, LU1 2PA
For sale
£130,000

Balfour House, 50 Guildford Street, Luton, Bedfordshire, LU1 2PA

1bedroom
1bathroom
Flattype
Leaseholdtenure

Listed 16 Oct 2026 · Luton

How the price compares

This home£130,000
Median 1 bed in LU1£150k22 homes listed · £333 per sq ft
Difference-13%below the area median

Key features

  • Chain Free
  • Sold With Tennant In Situ Paying £850pcm
  • Situated In The Character Building Of Balfour House
  • Lift In Development
  • Stones Throw To Luton Train Station
  • High Ceilings
  • Lease Inexcess Of 100 Years
  • One Double Bedroom
  • First Floor
  • Viewing Advised

About this home

An exceptional opportunity awaits with this charming one-bedroom apartment, ideally situated on the first floor of the distinguished Balfour House on Guildford Street, Luton. This property is offered to the market chain-free, presenting a seamless acquisition for discerning buyers.

Balfour House itself is a character-filled development, renowned for its architectural appeal and convenient amenities, including a lift, ensuring easy access to all floors. The apartment benefits from impressive high ceilings, enhancing the sense of space and light throughout the living areas. The accommodation comprises a generously sized double bedroom, a well-appointed bathroom, and a comfortable reception room, perfect for relaxation or entertaining. The layout is thoughtfully designed to maximise both comfort and functionality, making it an attractive proposition for a variety of purchasers.

One of the most compelling aspects of this offering is that the property is sold with a tenant already in situ, currently paying £850 per calendar month. This provides an immediate and consistent rental income from day one, making it an outstanding investment opportunity for those looking to expand their portfolio or enter the buy-to-let market with minimal fuss.

Location is paramount, and this apartment excels in that regard. It is literally a stone's throw from Luton Train Station, offering excellent connectivity for commuters to London and beyond. The vibrant town centre, with its array of shops, restaurants, and amenities, is also within easy walking distance, providing unparalleled convenience for daily living.

Furthermore, the property benefits from a substantial lease in excess of 100 years, providing long-term security and peace of mind for the new owner. This is a significant advantage, avoiding the complexities and costs associated with shorter leases.

Given its prime location, attractive features, and immediate rental income potential, early viewing is strongly advised to fully appreciate all that this superb apartment has to offer. Contact our estate agent today to arrange your visit and secure this fantastic investment.

Property details

Property type
Flat
Council tax band
A
Tenure
Leasehold
Lease remaining
112 years left
Ground rent
£200 per year (Ask agent about the review period)
Service charge
£2,400 per year

Floorplan

Floorplan 1

Location

Skip map

1 on this map

  • Luton Station0.1 mi
  • Luton Parkway Station1.0 mi
  • Leagrave Station2.4 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.

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£650£13,000 deposit · £117,000 loan
Stamp Duty£100England 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 Penrose Estate Agents, Luton on Rightmove (original listing). First listed 16 Oct 2026; details checked 7 Nov 2026. Latest change: added on 16/10/2026.

Agent disclaimer

Disclaimer - Property reference PNR_PNR_LFSYCL_524_685569998. 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 Penrose Estate Agents, 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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