Summary - 51 STANLEY STREET LUTON LU1 5AL
3 bed 1 bath Terraced
Ready income with refurbishment potential close to station and amenities.
Tenanted now generating £1,125 pcm
A compact Victorian terraced house offering immediate rental income and clear refurbishment upside. Currently let at £1,125 per month, the property is freehold, chain-free and set over two floors plus a converted loft that provides a flexible third bedroom or home office. The layout includes two reception rooms, a ground-floor bathroom, and a small rear garden.
The house measures approximately 807 sq ft with double glazing and gas central heating in place. EPC rating C and council tax band B provide reasonable running costs. Its town-centre location places shops, buses, Luton railway station and local schools within walking distance — useful for tenants or short-term lets.
Key considerations: the property is small and shows signs of wear; internal modernisation and cosmetic updating are likely needed. The area is classified as very deprived with higher local crime levels, so let or buy decisions should weigh rental demand against management needs and potential void periods.
This is best suited to investors or buyers looking for a low-entry, near-station holding with scope to increase value through refurbishment and active management. The current tenancy makes it a ready income stream; viewing is recommended to assess condition and refurbishment potential in person.
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