• • Freehold block for sale +
• • Residential investment opportunity +
• • Block of flats Luton +
• • Buy to let portfolio +
• • High yield investment +
• • Ground rent investment +
• • Reversionary freehold +
• • Income producing property +
• • Luton property investment +
• • Block with garages +

FOR SALE - FREEHOLD BLOCK & INCOME-PRODUCING FLATS
Tracey Court, Hibbert Street, Luton, Bedfordshire, LU1 3XH
Guide Price: £1,400,000
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Property Overview
A rare opportunity to acquire a freehold residential block investment in Luton, comprising a purpose-built block arranged over ground and three upper floors. Tracey Court features 20 self-contained flats, along with 7 garages and off-street parking, providing multiple income streams.
The sale includes the freehold interest plus 8 individual flats (3 x two-bedroom and 5 x one-bedroom units), offering immediate rental income and long-term potential.
The freehold generates ongoing ground rent and service charge income from the remaining flats, with potential additional income from future lease extensions, making this an attractive long-term investment.
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Flats Included in the Sale
Two-Bedroom Flats (£175,000 each)
* Flat 9 - 48 sqm
* Flat 12 - 52 sqm
* Flat 15 - 52 sqm
One-Bedroom Flats (£135,000 each)
* Flat 16 - 32 sqm
* Flat 17 - 30 sqm
* Flat 18 - 37 sqm
* Flat 19 - 31 sqm
* Flat 20 - 30 sqm
Additional Features:
* Freehold ownership of the block
* 7 garages included with potential rental income
* Off-street parking
* Service charge and ground rent income
* Potential lease extension premiums
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Location
Tracey Court is located on Hibbert Street, close to the centre of Luton, approximately 31 miles north of London. The property benefits from excellent transport links, including: * London Luton Airport - minutes away * Luton Railway Station - direct trains to London St Pancras in 25-30 minutes * M1 Motorway - Junctions 10 & 11 for easy road access The area has strong rental demand driven by commuters, airport employment, and affordability compared to London, making it an attractive location for investors. ________________________________________ Investment Highlights * Multiple income streams from flats, garages, and ground rent * Rare freehold block opportunity * Potential for capital growth in a commuter hotspot * Established rental market with long-term tenant demand ________________________________________ This is a rare chance to acquire a substantial freehold asset with multiple income streams in a high-demand area of Luton.