LUTON, LU2

GBP 485,000
For Sale

Property Details

Bedrooms

8

Bathrooms

8

Property Type

Terraced house

Description

Property Details: - Type: Terraced house - Bedrooms: 8 - Bathrooms: 8

Agent: myestate - Luton Phone: 01582 955833

<p><strong>EXCEPTIONAL INVESTMENT OPPORTUNITY | FULLY REFURBISHED HMO | OLD BEDFORD ROAD, LUTON</strong></p> <p>My Estate are delighted to present this <strong>substantial and fully refurbished HMO investment property</strong> situated on the highly regarded <strong>Old Bedford Road, Luton</strong>.</p> <p>This impressive property offers a well-planned and versatile layout comprising <strong>six double rooms, one single room, and one self-contained one-bedroom flat</strong>, together with <strong>two kitchens and a separate laundry room</strong>. The accommodation has been arranged to provide both practicality and strong rental appeal, making it an ideal acquisition for investors seeking a high-performing asset in an established rental location.</p> <p>The property has recently undergone a <strong>comprehensive refurbishment</strong> and is presented in excellent condition throughout. Approximately <strong>half of the accommodation is already let</strong>, demonstrating immediate tenant demand and providing a strong platform for ongoing income generation.</p> <p>At full occupancy, the property offers an <strong>achievable rental income of £5,250 per calendar month</strong>, equating to <strong>£63,000 per annum</strong>.</p> <p>Occupying a prime position on <strong>Old Bedford Road</strong>, the property is conveniently located for <strong>Luton Town Centre, Luton Train Station, local amenities, and major transport links including the M1</strong>, ensuring continued appeal to a wide tenant demographic.</p> <p>This is a rare opportunity to acquire a <strong>refurbished, multi-income investment property</strong> in one of Luton’s most desirable and consistently performing rental areas.</p> <p><strong>Further photographs of the remaining accommodation will be added shortly. Early viewing is highly recommended.</strong></p> <p><strong>Key Features</strong></p> <ul><li> <p>Fully refurbished HMO investment property</p> </li><li> <p>Six double rooms</p> </li><li> <p>One single room</p> </li><li> <p>One self-contained one-bedroom flat</p> </li><li> <p>Two kitchens</p> </li><li> <p>Separate laundry room</p> </li><li> <p>Approx. half the property already let</p> </li><li> <p>Achievable income of <strong>£5,250 PCM / £63,000 per annum</strong></p> </li><li> <p>Prime Old Bedford Road location</p> </li><li> <p>Excellent access to town centre, station and motorway links</p></li></ul><br/><br/><b>Roof type: Slate tiles.</b><br/><br/><b>Mobile signal/coverage: Good.</b><br/><br/><b>Does the property have flood defences?<br/>No.</b><br/><br/><b>Building Safety: None of the above.</b><br/><br/><b>Construction materials used: Brick and block.</b><br/><br/><b>Water source: Direct mains water.</b><br/><br/><b>Electricity source: National Grid.</b><br/><br/><b>Sewerage arrangements: Standard UK domestic.</b><br/><br/><b>Heating Supply: Central heating (gas).</b><br/><br/><b>Does the property have required access (easements, servitudes, or wayleaves)?<br/>No.</b><br/><br/><b>Do any public rights of way affect your your property or its grounds?<br/>No.</b><br/><br/><b>Parking Availability: No.</b><br/>

Location

Address

LUTON, LU2

City

LU2

Features and Finishes

None

Legal Notice

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