Property

Venture Commercial are pleased to present this well-maintained six-bedroom mid-terrace property, licensed as a House of Multiple Occupation (C4) under reference (21/00804/LAWP), located in the highly sought-after area of Russell Rise, Luton. Recently refurbished to a high standard, this property offers a stylish and comfortable living environment, making it an ideal choice for both investors and tenants.

Spanning three spacious floors, the property boasts six generously sized double bedrooms, each with its own modern ensuite bathroom, ensuring privacy and convenience for all tenants. The property’s thoughtful design strikes the perfect balance between personal space and communal living, catering to professionals and students alike.

At the heart of the property is the fully equipped communal kitchen, featuring modern appliances and ample storage space, creating a functional and welcoming area where tenants can cook and socialise. Additionally, the kitchen opens onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings.

The property currently generates an rental income of £57,000 per annum (inclusive of utilities and outgoings), with each room let on an individual HMO basis. Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity.

This well-appointed home provides a fantastic prospect for investors seeking a high-performing HMO in a prime location, with excellent transport links and a range of local amenities ensuring continuous tenant demand.

Contact us today to arrange a viewing or for further information on this exceptional property in Russell Rise, Luton.

Location

Situated in the vibrant and well-connected area of Russell Rise, Luton, this property benefits from an excellent location with easy access to a wide range of local amenities. Just a short distance from Luton Train Station, with direct rail links to London within 40 minutes and other major cities, making it ideal for commuters.

The property is also well-served by major road links, including the nearby M1 motorway, allowing for easy travel to both the north and south of the country. The area offers a variety of supermarkets, shops, and dining options, providing everyday conveniences within close proximity. Local bus services further enhance connectivity, ensuring easy access to surrounding areas and the wider Luton region. This prime location combines urban convenience with superb transport links, making it a highly desirable choice for tenants.