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6 bed terraced house
Luton LU1
£370,000
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Our Summary
- 6-Bedroom HMO Investment Opportunity – Lyndhurst Road, Luton LU1Asking Price: £370,000 An excellent opportunity to acquire a six-bedroom HMO in one of Luton's most established rental locations
- Key FeaturesSix spacious letting roomsFour bathroomsCommunal kitchenDouble glazing throughoutGas central heatingPrivate rear gardenFreeholdExcellent buy-to-let investmentHigh-demand rental locationInvestment Opportunity At the asking price of £370,000, an investor achieving an average rental income of approximately £600 per room per calendar month (subject to occupancy, operating costs and management) would generate a gross annual yield of around 13%
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Description
The property is a substantial six-bedroom HMO with six spacious letting rooms, four bathrooms, and a communal kitchen. It features double glazing throughout and gas central heating. The property has a private rear garden and is situated on the popular Lyndhurst Road, offering easy access to Luton town centre, London Luton Airport, the University of Bedfordshire, and Luton Railway Station.
The property is freehold and has a slate tile roof, brick and block construction, and direct mains water supply.