Refurbish for rental yield or resale uplift close to town and transport links.
Current rent £1,150 pcm — immediate income potential
No upper-chain; freehold tenure
Victorian terrace with period character and double glazing
Requires full modernisation; dated fittings and clutter throughout
Derelict front yard; small rear garden, limited outdoor space
Above-average local crime and higher area deprivation
Walking distance to town, easy M1 access and near train station
Fast broadband and excellent mobile signal
This two-bedroom Victorian terraced house is offered with no upper-chain complications and currently lets for £1,150 pcm, presenting an immediate income stream for investors. The property sits within walking distance of Luton town centre and is under 1.5 miles from the train station, with quick access to the M1 — useful for commuting tenants.
The layout is traditional, with lounge, dining room, kitchen, ground-floor bathroom, two double bedrooms and small front and rear gardens. The house benefits from double glazing, gas central heating and freehold tenure, but the interior and exterior show clear wear and will need modernisation throughout. Photographs and descriptions indicate dated fittings, clutter and a derelict front yard — suitable for a refurbishment project to add value.
Location strengths include nearby convenience shops, a wide range of local amenities and several primary schools rated Good. Broadband speeds are fast and mobile signal is excellent. Notable negatives: the neighbourhood records above-average crime rates and the wider area is relatively deprived, which may affect tenant demand and resale pricing. The property may suit a hands-on investor, landlord seeking rental income, or a buyer willing to renovate for capital growth.
Viewings are recommended to assess scope and costs of updating. The asset can be offered with the current tenant in situ or sold with vacant possession, depending on buyer preference.