Summary - 154 LEAGRAVE ROAD LUTON LU4 8HX
2 bed 3 bath Commercial Property
**Standout Features:**
- Spacious ground floor retail unit (approx. 90 sq. meters)
- Two one-bedroom flats and a studio flat
- Additional storage units for extra rental income potential
- Freehold property with an attractive combined rental yield
- Prime location in popular Bury Park, Luton
- Strong existing rental income of approximately £59,400 per annum
- Excellent mobile signal and fast broadband speeds
- Flexible future potential for renovations or further development
**Property Summary:**
This large commercial property on Leagrave Road in Luton presents a unique investment opportunity in the bustling Bury Park area. Comprising a sizable ground floor retail unit, two one-bedroom flats, and a studio flat, this freehold property generates an impressive rental income of around £59,400 annually, with room for growth given the periodic commercial lease and the potential of the vacant storage units.
Each flat is well-appointed with essential amenities, and the location offers a wealth of local conveniences—from shops to fitness centers—all within walking distance. While the area faces some challenges, such as higher crime rates and notable deprivation, the strong community presence and ongoing demand for rental properties can provide investors with stability and value. With its potential for future renovations or extensions, this property promises both immediate returns and long-term growth. Don’t miss out—properties in this sought-after location are rarely available for long!
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