Property

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.