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Midland Road, Luton LU2 2 bed flat for sale
Midland Road, Luton, LU2
£175,000
Midland Road, Luton, LU2
£175,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Luton offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features two spacious bedrooms, an open-plan lounge and kitchen, a fully-equipped kitchen with ample storage, and two bathrooms with one ensuite. It also comes with a private underground parking spot. Currently, the property generates an annual gross income of £14,400 from tenants who have been in residence for several years and have a good payment history. With a strong potential for future rental income, this property presents a worthwhile addition to an investor's portfolio. The current tenants have no plans to move out, making for a smooth transition for the buyer.