Wellington Street, Luton, LU1

Property Details: - Type: Block of apartments - Bedrooms: 3 - Bathrooms: 2

Agent: Square Quarters - Islington Phone: 020 8115 0767

Freehold Mixed-Use Investment | Producing £33,600 Per Annum | Prime Town Centre Location<br/><br/>Square Quarters are pleased to present this substantial freehold mixed-use building for sale in the heart of Luton town centre, offering strong rental income and long-term investment potential.<br/><br/>Arranged over four floors and extending to approximately 1,486 sq ft (138 sq m), the property comprises a fully income-producing commercial and residential portfolio, all within a central and well-connected location.<br/>Investment Breakdown<br/><br/> Ground Floor Commercial Office – Currently producing £12,000 per annum<br/><br/> First Floor One Bedroom Flat – Currently producing £8,400 per annum<br/><br/> Second & Third Floor Two Bedroom Duplex – Currently producing £13,200 per annum<br/><br/>Total Rental Income: £33,600 per annum<br/><br/>All units are currently let, providing an immediate income stream for investors.<br/><br/>7.47% Yield<br/>Accommodation<br/><br/>Ground Floor<br/>Self-contained commercial office unit with WC facilities and generous internal space, suitable for a range of professional uses.<br/><br/>First Floor<br/>One-bedroom self-contained flat comprising reception room, kitchen, double bedroom and bathroom.<br/><br/>Second & Third Floor<br/>Spacious two-bedroom duplex apartment arranged over two floors, offering well-proportioned living accommodation.<br/>Location<br/><br/>Wellington Street is centrally positioned within LU1, moments from Luton town centre amenities, The Mall shopping centre, and a wide selection of restaurants, cafés and local services.<br/><br/>The property benefits from excellent transport links, including:<br/><br/> Luton Railway Station within walking distance<br/><br/> Direct trains to London St Pancras<br/><br/> Easy access to the M1 (Junction 10 & 11)<br/><br/> London Luton Airport nearby<br/><br/>The area continues to benefit from regeneration and strong rental demand.<br/>Key Features<br/><br/> Freehold title<br/><br/> Mixed-use investment<br/><br/> Fully income producing<br/><br/> Prime central location<br/><br/> Strong rental demand area<br/><br/> Approx. 1,486 sq ft / 138 sq m<br/><br/> Potential for rental growth (subject to market review)<br/><br/>This is an excellent opportunity to acquire a centrally located freehold building with immediate income and long-term capital appreciation prospects.<br/><br/>Early enquiries are highly recommended.