Summary - 55 BUXTON ROAD LUTON LU1 1RE
8 bed 6 bath House of Multiple Occupation
High-yield rental close to university and transport links.
Freehold, chain-free eight-bedroom HMO
This chain-free, freehold HMO on Buxton Road presents a clear income opportunity for investors targeting students and professionals. Vacant and already configured with eight bedrooms (most fitted with sinks and fire doors), multiple en-suite and shared WC facilities, and two self-contained one-bed units, the property can start generating rents quickly once tenanted.
The location is a major strength: moments from the University of Bedfordshire, Luton Town Centre and Luton train station, with easy M1 access. High local demand supports strong occupancy and attractive yield potential. A private rear garden and separate entrances add flexibility for communal use or conversion.
Buyers should note material negatives: the area records higher crime rates and broader deprivation indicators, and the small plot limits exterior expansion. The Victorian terraced fabric shows period features but will benefit from refurbishment to maximise rents. There is potential for future extension (STPP), subject to planning.
Overall this is a ready-to-let investment with immediate income potential for a landlord prepared to manage tenancies and carry selective upgrades to increase rent and appeal.
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