Sold STC Flat

15

HOUGHTON MEWS, WINDSOR STREET, LUTON, LUTON LU1 5DT

1 beds 1 baths 30 m² Listed 11 Nov 2020 (-2040d)

£120,000

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# 1 bedroom apartment for sale (LU1 5DT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 15, HOUGHTON MEWS, WINDSOR STREET, LUTON, LUTON LU1 5DT |
| Price | £120,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £110,000 Jun 2021 |

## Description

** URBAN & RURAL LUTON HUB * NO CHAIN * GREAT RENTAL INCOME **

Situated walking distance to Luton town center is this one bedroom top floor apartment. Features include; Entrance Hall, bathroom, lounge, kitchen and double bedroom. The property has a long lease of 999 Years, the charges are approximately £825.00 per year and please note; all owners have a share of the freehold. Currently rental income is £625.00 PCM. EPC Rating D.

## Property Photos

- ![Photo 5](/listings/photos/86658706/427894) - Photo 5
- ![Photo 3](/listings/photos/86658706/427896) - Photo 3
- ![Photo 4](/listings/photos/86658706/427898) - Photo 4
- ![Photo 2](/listings/photos/86658706/427900) - Photo 2

## Floorplans

- ![FloorPlan](/listings/photos/86658706/427901) - FloorPlan

## FENSA Certificates

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

### FENSA Certificate #6153484
- **Address:** 15 Houghton Mews, Windsor Street, LU1 5DT
- **Certificate Issued:** 25/11/2008
- **Work Completed:** 13/09/2008
- **Items:** 3 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| HOUGHTON MEWS 15 WINDSOR STREET, LUTON, LU1 5DT | £110,000 | 11/06/2021 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| DUMFRIES COURT 3 DUMFRIES STREET, LUTON, LU1 5BG | £101,000 | 09/01/2026 | Flat |
| KENSINGTON COURT, 16 - 36 FLAT 14 SOUTH ROAD, LUTON, LU1 3GE | £174,500 | 15/12/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 428 DUMFRIES STREET, LUTON, LU1 5FT | £63,000 | 26/09/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 155 DUMFRIES STREET, LUTON, LU1 5FT | £59,301 | 26/09/2025 | Flat |
| HOUGHTON MEWS 2 WINDSOR STREET, LUTON, LU1 5DT | £125,000 | 25/07/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 253 DUMFRIES STREET, LUTON, LU1 5FT | £63,000 | 19/06/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT A15 DUMFRIES STREET, LUTON, LU1 5FT | £65,000 | 17/06/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 561 DUMFRIES STREET, LUTON, LU1 5FT | £66,150 | 09/01/2025 | Flat |
| 53 WINDSOR STREET, LUTON, LU1 5DT | £125,000 | 31/05/2024 | Flat |
| HOUGHTON MEWS 6 WINDSOR STREET, LUTON, LU1 5DT | £137,000 | 12/12/2023 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 260 DUMFRIES STREET, LUTON, LU1 5FT | £54,170 | 27/11/2023 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 261 DUMFRIES STREET, LUTON, LU1 5FT | £73,761 | 16/10/2023 | Flat |
| 18A RUSSELL STREET, LUTON, LU1 5EA | £173,500 | 17/03/2023 | Flat |
| 117C WELLINGTON STREET, LUTON, LU1 5AH | £90,000 | 23/09/2022 | Flat |
| KENSINGTON COURT, 16 - 36 FLAT 36 SOUTH ROAD, LUTON, LU1 3GE | £213,000 | 21/09/2022 | Flat |
| KENSINGTON COURT, 16 - 36 FLAT 19 SOUTH ROAD, LUTON, LU1 3GE | £155,000 | 25/08/2022 | Flat |
| HOUGHTON MEWS 4 WINDSOR STREET, LUTON, LU1 5DT | £132,000 | 05/08/2022 | Flat |
| 77 HASTINGS STREET, LUTON, LU1 5DN | £114,000 | 01/08/2022 | Flat |
| WINDSOR COURT 12 WINDSOR STREET, LUTON, LU1 5DY | £110,000 | 23/06/2022 | Flat |
| 16 FLAT 3 RUSSELL STREET, LUTON, LU1 5EA | £120,000 | 17/06/2022 | Flat |

**Area average:** £110,719 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £139,310 (24 Flat, LU1, 2024–2026)
- **Deviation:** -13.9%

## 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 | 0.07 miles | OpenRent |

**Average rent: £700/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £87,500
- **Target investor price (1%):** £70,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

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

- **Gross yield:** 7%
- **Cost-to-rent:** 14.3×
- **Monthly cashflow:** £132/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. 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).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 14.5%
- **10y growth:** 13.6%

## House Price Index (HM Land Registry)

*Official index for Luton; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.9%
- **5y growth (index):** 1.2%
- **10y growth (index):** 12.3%

## 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)

Photo 5 Photo 3 Photo 4 Photo 2

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Property details

Tenure

LEASEHOLD

Floor area

30 m²

Last sold

£110,000 Jun 2021

Local average

£139,310 (-13.9%)

Deprivation

Decile 3 (7,638 of 33,755)

Street crime

880 incidents within 1 mile (Apr 2026)

Key features

NO CHAIN
IDEAL LOCATION
GREAT RENTAL INCOME
WALKING DISTANCE FROM TOWN AND TRAIN STATION
CALL TO VIEW

Description

** URBAN & RURAL LUTON HUB * NO CHAIN * GREAT RENTAL INCOME **

Situated walking distance to Luton town center is this one bedroom top floor apartment. Features include; Entrance Hall, bathroom, lounge, kitchen and double bedroom. The property has a long lease of 999 Years, the charges are approximately £825.00 per year and please note; all owners have a share of the freehold. Currently rental income is £625.00 PCM. EPC Rating D.

Listed by

Leagrave

Urban & Rural Property Services

Reference: 86658706

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

FloorPlan

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #6153484

Property Details

Street: 15 Houghton Mews

Town: Windsor Street

Postcode: LU1 5DT

Installation Details

Items: 3 windows

Certificate Issued: 25/11/2008

Work Completed: 13/09/2008

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	11/06/2021 (5 years ago)	£110,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
DUMFRIES COURT 3 DUMFRIES STREET, LUTON, LU1 5BG	£101,000	09/01/2026	Flat
KENSINGTON COURT, 16 - 36 FLAT 14 SOUTH ROAD, LUTON, LU1 3GE	£174,500	15/12/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 428 DUMFRIES STREET, LUTON, LU1 5FT	£63,000	26/09/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 155 DUMFRIES STREET, LUTON, LU1 5FT	£59,301	26/09/2025	Flat
HOUGHTON MEWS 2 WINDSOR STREET, LUTON, LU1 5DT	£125,000	25/07/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 253 DUMFRIES STREET, LUTON, LU1 5FT	£63,000	19/06/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT A15 DUMFRIES STREET, LUTON, LU1 5FT	£65,000	17/06/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 561 DUMFRIES STREET, LUTON, LU1 5FT	£66,150	09/01/2025	Flat
53 WINDSOR STREET, LUTON, LU1 5DT	£125,000	31/05/2024	Flat
HOUGHTON MEWS 6 WINDSOR STREET, LUTON, LU1 5DT	£137,000	12/12/2023	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 260 DUMFRIES STREET, LUTON, LU1 5FT	£54,170	27/11/2023	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 261 DUMFRIES STREET, LUTON, LU1 5FT	£73,761	16/10/2023	Flat
18A RUSSELL STREET, LUTON, LU1 5EA	£173,500	17/03/2023	Flat
117C WELLINGTON STREET, LUTON, LU1 5AH	£90,000	23/09/2022	Flat
KENSINGTON COURT, 16 - 36 FLAT 36 SOUTH ROAD, LUTON, LU1 3GE	£213,000	21/09/2022	Flat
KENSINGTON COURT, 16 - 36 FLAT 19 SOUTH ROAD, LUTON, LU1 3GE	£155,000	25/08/2022	Flat
HOUGHTON MEWS 4 WINDSOR STREET, LUTON, LU1 5DT	£132,000	05/08/2022	Flat
77 HASTINGS STREET, LUTON, LU1 5DN	£114,000	01/08/2022	Flat
WINDSOR COURT 12 WINDSOR STREET, LUTON, LU1 5DY	£110,000	23/06/2022	Flat
16 FLAT 3 RUSSELL STREET, LUTON, LU1 5EA	£120,000	17/06/2022	Flat

Area average: £110,719 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 14.5%

10y growth 13.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Luton. Series: Flats and maisonettes. As of March 2026.

1y (index) -6.9%

5y (index) 1.2%

10y (index) 12.3%

Rental Range

Estimated market rent for Luton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,093/mo

Realistic £1,214/mo

Optimistic £1,335/mo

Based on Local Authority from postcode lookup → Luton.

LHA (30th percentile) floor for Luton: £698/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View LU1 5DT

Address

Windsor Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Elizabeth Street	0.1 miles
Shop	Family Choice Chapel Street	0.1 miles
Shop	Continental Food Store	0.1 miles
University	University Of Bedfordshire	0.4 miles
Train station	Luton	0.6 miles
Train station	Luton Airport Parkway	1.0 miles
Hospital	Luton and Dunstable Hospital	2.8 miles
Hospital	Widecombe Nursing Home	3.0 miles

Street-level crime

Category	Count
Violence and sexual offences	301
Anti-social behaviour	119
Shoplifting	76
Other theft	73
Vehicle crime	70
Public order	67
Criminal damage and arson	48
Drugs	47
Burglary	17
Other crime	17
Robbery	15
Bicycle theft	11
Theft from the person	10
Possession of weapons	9
Total incidents	880

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Chapel Street Nursery School	Nursery	0.0 miles	Good — 22 Mar 2013
Rothesay Nursery School	Nursery	0.2 miles	Good — 9 Sep 2016
Hillborough Junior School	Primary	0.3 miles	Outstanding — 14 Jan 2024
Hillborough Infant and Nursery School	Primary	0.3 miles	Good — 13 Jun 2017
Tennyson Road Primary School	Primary	0.3 miles	Outstanding — 1 Jul 2024

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	0.07 miles	OpenRent

Average rent: £700/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%

Max investor price (0.8%) £87,500

Target investor price (1%) £70,000

Gross yield 7%

Cost-to-rent ratio 14.3×

Monthly cashflow £132/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).