# 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 |
| Construction age | England and Wales: 1991-1995 |
| Floor area | 30 m² |
| Last sold | £110,000 Jun 2021 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 20/01/2030
- **Current heating cost:** £330/year

### Recommendations
- A (350)
- E (15)
- L2 (1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0877-2839-6498-2520-4145)

## 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).*

## Price per Square Metre

- **£/m²:** £4,000/m²

## 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)