Property for sale
Property description & features
- Tenure: Freehold
Venture Commercial are pleased to present this well-maintained six-bedroom end-of-terrace property (BD49745) in Luton, currently operating as a House of Multiple Occupation (C4). Recently extended and refurbished to a high standard, this property offers modern, comfortable living spaces, perfect for professional tenants or students.
Each of the six generously sized double bedrooms boasts its own ensuite bathroom, providing tenants with privacy and convenience. The communal areas include a fully fitted kitchen and a low-maintenance paved garden, ideal for outdoor use with minimal upkeep. One of the bedrooms in the extended part of the property is a self-contained unit with separate access, commanding a higher rental yield.
The property currently generates an annual rental income of £59,000 (inclusive of utilities and outgoings) and is fully tenanted on an individual HMO basis, making it an excellent investment opportunity.
Location
Situated in a well-connected area of Luton, this property offers easy access to a range of local amenities, including shops, supermarkets, and restaurants. Luton town centre is nearby, providing further shopping, leisure, and entertainment options.
Commuters will benefit from excellent transport links, with Luton Train Station offering direct services to London and other major cities, while the M1 motorway provides swift road connections north and south. Local bus routes also serve the area, ensuring convenient connections across Luton and its surroundings.
This property represents a strong investment in a prime location with excellent rental income potential.
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Property reference veco_893081005. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Venture Commercial - Luton.
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Broadband availability and predicted speed: obtained from Ofcom on January 28, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 28, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 19, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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