This impressive six-bedroom HMO offers an exceptional investment opportunity in a sought-after area of Luton. Situated just off Old Bedford Road, the property is ideally positioned within easy walking distance to the bustling town centre and the main train station, ensuring excellent transport links
Six Generously Sized Bedrooms: Each room is designed to maximize comfort and space, catering to the needs of tenants. High Rental Yield: Fully let, the property achieves a substantial rental income of £4550 per month. Prime Location: Proximity to essential amenities, including shops, restaurants, and public transport. Well-Maintained: The property is in excellent condition, offering a hassle-free investment with minimal maintenance required. HMO License: Fully compliant with HMO regulations, providing peace of mind for the landlord.
Modern Kitchen and Communal Areas: A well-equipped kitchen and comfortable communal spaces foster a welcoming environment for tenants. Shared Facilities: Adequate bathroom facilities to accommodate all occupants. Outdoor Space: A small, low-maintenance garden provides an additional area for relaxation. This property is perfect for investors looking for a reliable and profitable addition to their portfolio. With its strategic location and solid rental income, it promises both short-term returns and long-term growth potential. Don't miss out on this fantastic investment opportunity!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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