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6 bedroom semi-detached house for sale
Farley Hill, Luton, LU1
£650,000
Farley Hill, Luton, LU1
£650,000
Our Summary
- Looking For A Solid Investment Opportunity With Strong Rental Potential
- This property in Farley Hill, Luton, presents a unique chance to secure not just one, but two income-generating flats, with an added bonus of a substantial outbuilding ready for conversion
- With some development work, this space could easily bring in an additional £1,500 per month in rental income
Description
This property in Farley Hill, Luton, presents a unique investment opportunity with strong rental potential. The property consists of two three-bedroom flats, each with its own unique features, which are currently rented out as serviced accommodation, generating a combined income of £3,400 per month. The flats offer spacious layouts, modern kitchens, and ample outdoor space. The property also includes a large outbuilding at the rear of the garden, which is ready to be converted into a two-storey unit, offering additional rental potential of £1,500 per month. The location is highly sought after, with excellent transport links to Luton town centre, London, and the M1 motorway, making it an attractive option for professional tenants, commuters, or those looking for short-term stays. With a combined potential income of nearly £5,000 per month, this property offers both immediate returns and long-term investment growth, making it an undeniable opportunity for investors.