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High Town Road, Luton 3 bed terraced house for sale
High Town Road, Luton LU2
£325,000
High Town Road, Luton LU2
£325,000
Our Summary
- The area continues to attract a strong rental market, making this an ideal long-term investment with potential for capital growth
Description
This property presents a fantastic opportunity for investors to secure the freehold of two well-maintained flats, fully tenanted and generating a combined annual rental income of £24,600. The ground floor one-bedroom flat has its own private garden and is currently let at £950 per month, while the first-floor two-bedroom flat is also occupied and let at £1,100 per month. Both flats are in good condition and have reliable tenants, ensuring steady income and minimal void periods. Located on High Town Road, the property benefits from excellent rental demand due to its proximity to local amenities, schools, and transport links, including Luton train station with direct services to London. This long-term investment has potential for capital growth, making it an attractive option for investors.