Summary - 61 FARLEY HILL LUTON LU1 5EG
9 bed 3 bath Semi-Detached
Turnkey income close to station and airport with private gardens and parking.
Three self-contained 3-bed flats on one freehold title
Estimated income circa £60,000 per annum (seller's figure)
Each flat benefits from its own garden space
Off-street parking available for residents
Edwardian features: high ceilings, bay windows, spacious rooms
Large plot but overall building size circa 2,060 sq ft
High local crime and very deprived area — investor caution advised
Buyers must confirm HMO/short-term let compliance and insurance
This freehold semi-detached property is arranged as three immaculately presented three-bedroom flats, offered as a turnkey income opportunity. Located in Farley Hill with quick access to Luton town centre, station, airport and the M1, the building currently forecasts around £60,000 pa gross rental income and includes off-street parking and a private garden area allocated to each flat.
The flats combine period features — high ceilings, bay windows and spacious reception rooms — with modern fitted kitchens, making the units immediately lettable for short-term or longer-term tenants. The property totals approximately 2,060 sq ft across multiple storeys and sits on a large plot with private external space for each flat.
Important considerations: the property sits in an area with a high crime rate and very high deprivation, which can affect tenant mix, insurance and long-term capital growth. The listing describes the accommodation as immaculately presented, but buyers should verify condition and compliance for HMOs or short-term let regulations, and check any licensing or safety requirements.
This opportunity will suit buyers seeking an income-producing asset ready to let from day one, particularly investors targeting transport-linked demand (station and airport proximity). It is offered with no upper chain and on freehold title, simplifying purchase and asset management decisions.
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