**Standout Features:**
- **Type:** 4-bedroom House of Multiple Occupation (HMO)
- **Current Rental Income:** £25,200 annually (potential to increase to £26,400)
- **Location:** Luton, within walking distance of various amenities
- **Investment Potential:** Strong rental yield, ideal for serious investors or developers
- **Tenure:** Freehold
- **Condition:** Some areas may need updating, could attract high occupancy due to demand
**Potential Concerns:**
- **Crime Rate:** High in the area, which may affect desirability
- **Area Deprivation:** Classified as very deprived, impacting local investments
- **Room Sizes:** Smaller rooms may limit appeal to family buyers but ideal for HMO occupancy
This traditional Victorian terraced house in Luton presents an excellent buy-to-let opportunity for investors seeking to expand their portfolio. With four spacious bedrooms, a lounge, and a well-placed kitchen, the property is currently configured as an HMO, providing a reliable annual income of £25,200, which can be enhanced to market rates upon new ownership. Located in a vibrant community with diverse amenities and excellent transport links, this property is not only an investment but also a chance to tap into a growing rental market.
While the area faces challenges, such as crime and deprivation, the solid rental income potential positions it as a worthwhile addition for savvy investors. The property’s slight modern updates required present a customizable opportunity and offer the potential for future appreciation. Don't miss this chance to secure a promising asset in a fast-moving rental sector; properties like this are known to attract serious investor interest and may not last long on the market!