6 bedroom terraced house for sale

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6 bedroom terraced house for sale

Lyndhurst Road, Luton LU1
£380,000

Our Summary

  • There is also an extra section of garden space which is currently unused, presenting an opportunity for future enhancement such as extended garden space or the potential installation of a summer house (subject to usual permissions)
  • A viewing is strongly advised to appreciate the size, layout and investment potential on offer
  • Excellent Investment Opportunity

Description

This well-performing and fully licensed HMO property in the Dallow Road area of Luton is a turnkey investment opportunity. The property offers a proven monthly rental income of approximately £3,225 and consists of 5 bedrooms within the main house, including four doubles and one single, with two en-suite shower rooms and a shared shower room. The property also features a self-contained studio unit with its own kitchen and shower room, providing an additional income stream. The garden is currently shared between tenants, but there is an unused section that could be developed into extended garden space or a summer house, subject to permissions. The property is located close to Luton Town Centre, train station, and the University of Bedfordshire, making it an attractive option for professionals, commuters, and students. The sellers are open to negotiation for a joint deal with the adjacent property, which is also available for purchase, offering a combined monthly income of approximately £6,605. A viewing is strongly advised to appreciate the size, layout, and investment potential on offer.