# 1 bedroom flat for rent (LU1 5DT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 5, HOUGHTON MEWS, WINDSOR STREET, LUTON, LUTON, LUTON LU1 5DT |
| Price | £450 pcm |
| Bedrooms | 1 |
| Last sold | £46,000 Jan 2001 |

## Description

1 bedroom flat situated approximately 10 minute walk from the town centre and all amenities. The property is fully furnished with electric storage heating, fitted bathroom with shower attachment, fitted kitchen with appliances, bedroom, spacious lounge, off road parking.  The property is within easy access to the M1 junction 10 and Luton Airport.  The property is in a good clean decorative order.

## Property Photos

- ![Photo](/listings/photos/13705261/427993)
- ![Photo](/listings/photos/13705261/427994)
- ![Photo](/listings/photos/13705261/427995)
- ![Photo](/listings/photos/13705261/427996)
- ![Photo](/listings/photos/13705261/427997)

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #6089598
- **Address:** 5 Houghton Mews, Windsor Street, LU1 5DT
- **Certificate Issued:** 03/11/2008
- **Work Completed:** 09/09/2008
- **Items:** 2 window(s)

## Rental Range

*ONS Price Index of Private Rents (Luton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,093/mo
- **Realistic:** £1,214/mo
- **Optimistic:** £1,335/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Luton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £698/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, Dumfries St, LU1 | £700/mo | 1 | 0.1 miles | OpenRent |

**Average rent: £700/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £700/mo).*

- **Gross yield:** 1866.7%
- **Monthly cashflow:** £603/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 5546.9%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)