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Arundel Road, Luton, Bedfordshire... 4 bed detached bungalow for sale
Arundel Road, Luton, Bedfordshire, LU4 8DY
£275,000
Arundel Road, Luton, Bedfordshire, LU4 8DY
£275,000
Our Summary
- Penrose are delighted to offer this unique and compelling investment opportunity
- Prospective buyers are invited to an exclusive Open House event on 18th September 2025, between 1pm and 3pm, providing a prime opportunity to view the property and assess its potential firsthand
- Please note, due to the existing tenancy, this purchase is strictly for investors only, and cash buyers are preferred to ensure a smooth and efficient transaction
- The bungalow, while currently comfortable for its tenants, is in need of modernising throughout
- The scope for improvement is vast, allowing for a personalised touch to bring it up to modern standards
- This is a significant asset, offering potential for landscaping, creating an outdoor entertaining area, or even further extending the property, subject to obtaining the necessary planning permissions (STPP)
- The potential to extend is a key advantage, allowing for the creation of additional living space or even more bedrooms, thereby increasing the property's overall value and appeal
- In summary, this four double bedroom bungalow in Luton represents a superb investment opportunity
- With sitting tenants providing immediate income, significant potential for modernisation and extension (STPP), a large rear garden, and a desirable location, it ticks many boxes for the astute investor
- Cash Buyers Only
- In Need Of Modernising Throughout
- Potential To Extend STPP
Description
This unique investment opportunity presents a spacious four double bedroom bungalow in the sought-after Maidenhall area of Luton, available for sale with offers over £275,000. The property is currently generating a rental income of £1,100 per month, making it an attractive proposition for investors seeking immediate returns. The bungalow, while comfortable for its tenants, is in need of modernising throughout, offering a chance to add significant value through a comprehensive refurbishment programme. With its generous proportions, large rear garden, and potential for extension (subject to planning permission), this property presents a fantastic opportunity for investors to transform it into a contemporary and highly desirable residence, increasing its rental yield or future resale value. The location is also highly desirable, with access to local amenities, schools, and transport links, making it an ideal location for commuters and families. With a chain-free transaction, this investment opportunity promises a straightforward and expedited process, making it an attractive option for investors seeking a quick turnaround on their acquisitions.