Summary - 16 WENSLEYDALE LUTON LU2 7PN
6 bed 5 bath House
Turnkey multi-let close to university and transport links for immediate rental income.
Ready-made six-bedroom HMO with five bathrooms
A ready-made six-bedroom HMO just five minutes’ walk from Luton train station and the town centre, offering immediate rental income potential. The layout provides six bedrooms and five bathrooms across three floors, with most rooms benefitting from en-suite facilities and a communal kitchen/living area. Excellent broadband and mobile coverage and proximity to the university make this property particularly appealing to student and commuter tenants.
The house is a mid-20th-century mid-terrace with brick and cladding, double glazing installed before 2002 and mains gas central heating via boiler and radiators. The plot and overall property footprint are small, with a paved communal garden rather than private outdoor space. Cavity walls were built without insulation (assumed), so there is potential to improve energy efficiency.
Conventional maintenance and some modernization are required to maximise long-term returns—double glazing is older and interior areas show dated finishes in places. The location on a quiet cul-de-sac near good primary and secondary schools, the university, and transport links is a strong demand driver for multi-let or HMO use. Buyers should factor in refurbishment and potential insulation work when assessing yield and running costs.
This freehold investment is offered at a price that reflects ready occupancy and location advantages. It suits investors seeking an HMO with immediate tenancy potential and scope to increase value through targeted upgrades and energy-efficiency improvements.
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