Chain‑free buy-to-let with immediate rental income and HMO potential.
Three double bedrooms and two reception rooms
Set in central Luton, this mid‑terrace Victorian townhouse offers immediate rental income and clear upgrade potential for investors. Currently let to long‑term tenants at £1,650 pcm, the freehold sale is chain‑free and within easy walking distance of the train station and shopping at The Mall.
The house has three double bedrooms, two reception rooms and a small enclosed rear garden — a compact, practical layout typical of early‑20th century terraces. There is scope to increase income: the property is identified as having potential for HMO conversion (subject to planning) or enhanced returns after refurbishment.
Buyers should note material points plainly. Room sizes are modest and the property will benefit from modernisation throughout. The brick walls are likely uninsulated (as built), and upgrades to insulation, décor, and services may be required to improve EPC and rental value. On‑street permit parking and a small rear garden limit external space.
This is best suited to buy‑to‑let investors or developers comfortable with light‑to‑medium renovation and managing tenants in an urban, privately rented area. The central location and existing rental income make it a pragmatic, near‑term income opportunity, while planning changes could increase long‑term returns.
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