6 bedroom house for sale
Key information
Property description & features
- Tenure: Freehold
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.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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Property reference 6490_VENR. 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 Residential - Luton.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 14, 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 March 14, 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 October 5, 2022 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.