4 Mulberry Close, Luton, Bedfordshire, LU1 1BY

LU1 1BY · Auction House East Anglia · East of England

£113,750guide price
6.9%gross yield
Residential6.9% gross yield
4 Mulberry Close, Luton, Bedfordshire, LU1 1BY
Photo: Auction House East Anglia catalogue

Pre-bid risk check

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Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC D

No listing-level EPC red flag, subject to official certificate expiry and address match.

medium confidence, Auction listing enrichment

Planning and licence check still needed

Article 4, conservation, HMO licensing, and flood checks need official-source lookup against the address.

not verified confidence, Full pre-bid pack

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About this lot

2 Bed Apartment

Residential Buy-to-Let investment being sold with tenant in situ. The property is a purpose build ground floor apartment with two bedroom and currently achieving a monthy rental income of £650. Off road non-allocated parking and communal garden. Accommodation Accommodation: Entrance hall, sitting/dining room, kitchen, bathroom, two bedrooms. Exterior Outside: Parking space to the side of the property, not allocated and communal garden area. Tenure Leasehold. The property is held on a 125 year lease from 25th March 1999 (thus approximately 106 years unexpired). Service Charge: £197 per calendar month. Ground Rent: £76 half yearly Tenancy The property is subject to an Assured Shorthold Tenancy expiring on TBA producing £650 per calendar month. Note Council Tax rated: Band A. Ways to Buy - This property is being sold by 'eBay' style Online Unconditional Auction - **auction ends Friday 16th Febuary 2018 12:00 noon**. Please phone 01234 362899 to discuss. To bid visit: How It Works - Unconditional Timed Auction Online This is a binding method of sale similar to a traditional multi-lot public property auction. The only difference is the bidding takes place on line. The successful purchaser will be required to pay a 10% deposit on the fall of the virtual gavel and contracts will be exchanged. Bidding for properties online works in a similar fashion to eBay. You can place bids using yo…

From the Auction House East Anglia listing. Read the full listing and legal pack →

Key facts

ResidentialUse class
LeaseholdTenure
DEPC
£8K/yrPassing income

Recent sold prices nearby

20 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

10 DO*** RO**LU1 1QR£345,000
125 RU**** RO**LU1 1TX£220,000
31 DA** RO**LU1 1LJ£270,000

17 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in LU1

Evidence from 991 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+66.4%median uplift
£38,041typical value added
3.5 yearstypical hold period

See 991 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 991 registered sale pairs in LU1 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

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