8 bedroom end of terrace house for sale

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8 bedroom end of terrace house for sale

Barbers Lane, Luton, Bedfordshire, LU1 2HZ
£575,000

Our Summary

  • Penrose are delighted to offer this remarkable investment opportunity
  • For astute buyers seeking further development opportunities, there is substantial scope for improvement, subject to necessary planning permissions
  • Savvy investors will appreciate the ease and simplicity of a fully licensed and managed property, guaranteeing the potential for a seamless investment journey
  • Do not miss out on this incredible opportunity to secure a high-yielding investment property with considerable potential for further development

Description

This property presents an exceptional investment opportunity, boasting eight spacious bedrooms, three bathrooms, and two reception rooms. Currently generating an estimated annual income of £50,000 with reliable tenants in place, the property offers a hassle-free rental experience. With substantial scope for improvement, potential investors can expand the property's footprint or reconfigure the existing space to unlock even greater returns. Located in a prime town centre position, the property is conveniently situated within a quarter-mile radius of Luton train station, providing easy access to major transport links and nearby cities. Additionally, a charming courtyard garden offers a tranquil retreat from the bustling city life. The property comes with a fully licensed HMO, ensuring compliance with all necessary regulations, making it an ideal choice for savvy investors seeking a high-yielding investment opportunity with considerable potential for further development.
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