Sold Flat

65 Windsor Street

Luton, Bedfordshire, LU1, LU1 5DT

12 beds 9 baths Listed 7 Jul 2025 (-341d)

£1,400,000

Save

# 12 bedroom apartment for sale (LU1 5DT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 65 Windsor Street, Luton, Bedfordshire, LU1, LU1 5DT |
| Price | £1,400,000 |
| Bedrooms | 12 |
| Bathrooms | 9 |
| Council tax | C |
| Last sold | £185,000 |

## Description

Some rents could be revised to increase this. The block and apartments have been well managed so all communal and external areas are in good order as well as all of the intercom, fire and alarm systems. This is a great opportunity to add to or start a portfolio and is certain to give a good return on both the rental income and capital growth in one of the UKs property hotspots! Contact one of the sales team in branch for further details.

Please note the floorplans and photos on this advert are for two of the nine flats as an example of decor and sizes, for full details and for a viewing of the property please contact once of the sales team to register your interest.

## Property Photos

- ![Photo](/listings/photos/164272601/427889)
- ![Photo](/listings/photos/164272601/427890)
- ![Photo](/listings/photos/164272601/427891)
- ![Photo](/listings/photos/164272601/427892)
- ![Photo](/listings/photos/164272601/427893)
- ![Photo](/listings/photos/164272601/427895)
- ![Photo](/listings/photos/164272601/427897)
- ![Photo](/listings/photos/164272601/427899)
- ![Photo](/listings/photos/164272601/427902)
- ![Photo](/listings/photos/164272601/427903)
- ![Photo](/listings/photos/164272601/427904)
- ![Photo](/listings/photos/164272601/427905)
- ![Photo](/listings/photos/164272601/427906)
- ![Photo](/listings/photos/164272601/427907)

## Floorplans

- ![Floorplan 1](/listings/photos/164272601/427908) - Floorplan 1
- ![Floorplan 2](/listings/photos/164272601/427909) - Floorplan 2

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £185,000 | 01/01/2018 | — |

## 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 |
| 64 RUSSELL STREET, LUTON, LU1 5EB | £110,000 | 12/12/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 155 DUMFRIES STREET, LUTON, LU1 5FT | £59,301 | 26/09/2025 | Flat |
| SPRING PLACE STUDENT HALLS, 4 UNIT 428 DUMFRIES STREET, LUTON, LU1 5FT | £63,000 | 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 |
| 10 FLAT 3 ST SAVIOURS CRESCENT, LUTON, LU1 5AD | £177,000 | 09/12/2022 | Flat |
| 117C WELLINGTON STREET, LUTON, LU1 5AH | £90,000 | 23/09/2022 | 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 |
| 10 FLAT 5 ST SAVIOURS CRESCENT, LUTON, LU1 5AD | £145,000 | 14/06/2022 | Flat |

**Area average:** £105,194 (20 sales)

## Price vs local average

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

- **Local average:** £139,310 (24 Flat, LU1, 2024–2026)
- **Deviation:** +905%

## 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):** £1,346/mo

## 1% Rule

- **Rent ratio:** 0.09% (weak for cashflow)
- **Max investor price (0.8%):** £151,750
- **Target investor price (1%):** £121,400

*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 Area rent estimate.*

## 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)

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Property details

Tenure

FREEHOLD

Council tax band

Last sold

£185,000

Local average

£139,310 (+905%)

Deprivation

Decile 3 (7,638 of 33,755)

Street crime

875 incidents within 1 mile (Apr 2026)

Key features

Freehold block of nine apartments
Gated parking for three cars
Walking distance to town centre
Current annual rental income of £86,040
Well presented and maintained ready for instant rental and return on investment
Potential for further units to be added subject to planning

Additional details

Parking: Yes

Description

Set a short walk from the thriving town centre Penrose Estate Agents are offering for sale this purpose built freehold block of 9 apartments comprising of three two bedroom units, three one bedroom units and three studio apartments. Currently all flats are fully let with a total annual income of just over £86,000. These apartments are in high rental demand so void periods are few and far between.
Some rents could be revised to increase this. The block and apartments have been well managed so all communal and external areas are in good order as well as all of the intercom, fire and alarm systems. This is a great opportunity to add to or start a portfolio and is certain to give a good return on both the rental income and capital growth in one of the UKs property hotspots! Contact one of the sales team in branch for further details.
Please note the floorplans and photos on this advert are for two of the nine flats as an example of decor and sizes, for full details and for a viewing of the property please contact once of the sales team to register your interest.

Listed by

Luton

Penrose Estate Agents LTD

Reference: 164272601

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 2

Price history

Event	Date	Price	% change
Sold	01/01/2018 (8 years ago)	£185,000	—

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
64 RUSSELL STREET, LUTON, LU1 5EB	£110,000	12/12/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 155 DUMFRIES STREET, LUTON, LU1 5FT	£59,301	26/09/2025	Flat
SPRING PLACE STUDENT HALLS, 4 UNIT 428 DUMFRIES STREET, LUTON, LU1 5FT	£63,000	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
10 FLAT 3 ST SAVIOURS CRESCENT, LUTON, LU1 5AD	£177,000	09/12/2022	Flat
117C WELLINGTON STREET, LUTON, LU1 5AH	£90,000	23/09/2022	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
10 FLAT 5 ST SAVIOURS CRESCENT, LUTON, LU1 5AD	£145,000	14/06/2022	Flat

Area average: £105,194 (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%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: AVALON PROPERTY MANAGEMENT LTD (09949341)

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: £1,346/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
Shop	Family Choice	0.0 miles
Bus stop	Elizabeth Street	0.1 miles
Bus stop	Russell Street	0.1 miles
Shop	Windsor Food & Wine	0.1 miles
University	University Of Bedfordshire	0.5 miles
Train station	Luton	0.6 miles
Train station	Luton Airport Parkway	1.1 miles
Hospital	Spire Hospital	4.2 miles
Hospital	Harpenden Memorial Hospital	4.8 miles

Street-level crime

Category	Count
Violence and sexual offences	298
Anti-social behaviour	120
Shoplifting	76
Other theft	71
Vehicle crime	70
Public order	67
Criminal damage and arson	48
Drugs	47
Other crime	17
Burglary	16
Robbery	15
Bicycle theft	11
Theft from the person	10
Possession of weapons	9
Total incidents	875

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	0.1 miles	Good — 22 Mar 2013
Rothesay Nursery School	Nursery	0.2 miles	Good — 9 Sep 2016
Hillborough Junior School	Primary	0.2 miles	Outstanding — 14 Jan 2024
Hillborough Infant and Nursery School	Primary	0.2 miles	Good — 13 Jun 2017
Tennyson Road Primary School	Primary	0.3 miles	Outstanding — 1 Jul 2024

Rental Comparables

Rental listings exist nearby, but none matched the 12-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.09%

Max investor price (0.8%) £151,750

Target investor price (1%) £121,400

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).