Summary - 287 HIGH TOWN ROAD LUTON LU2 0BZ
3 bed 2 bath Terraced
Two flats producing immediate rental income near transport and shops.
Freehold investment with two tenanted flats producing £24,600 p.a.
Ground-floor 1-bed with private garden, let at £950 pcm
First-floor 2-double-bed flat, let at £1,100 pcm
Gas central heating and double glazed windows throughout
Walking distance to Luton train station and town centre
Victorian mid-terrace; small plot, limited expansion potential
Tenants in situ — immediate income but management required
Area: urban cultural mix with average crime and amenities nearby
A freehold investment offering two separately let flats on a Victorian terraced house in High Town Road, Luton. The ground-floor one-bedroom flat has a private garden and is let at £950 pcm; the first-floor two-double-bedroom flat is let at £1,100 pcm, producing a combined income of £24,600 per annum. Both flats have gas central heating and double glazing and are currently tenanted, delivering immediate rental income.
The property sits within walking distance of Luton train station and the town centre, benefiting from strong local rental demand, nearby shops and everyday amenities. The area is an urban cultural mix with average local crime and good public transport links, making re-letting straightforward should vacancies occur.
Investors should note the plot is small and the building is a traditional Victorian mid-terrace, so external space and expansion potential are limited. Management responsibilities continue while flats remain tenanted; tenancy details and compliance checks (safety certificates, deposits, EPC) should be verified before purchase. No flood risk is recorded for the location.
9 bedroom semi-detached house for sale in Farley Hill, South Luton, Luton, Bedfordshire, LU1 5EG, LU1 — £700,000 • 9 bed • 3 bath • 2060 ft²
5 bedroom semi-detached house for sale in Luton, Bedfordshire, LU1 — £425,000 • 5 bed • 2 bath • 1571 ft²
2 bedroom terraced house for sale in Hartley Road, Luton, Bedfordshire, LU2 — £220,000 • 2 bed • 1 bath • 680 ft²
4 bedroom house of multiple occupation for sale in Winsdon Road, Luton, LU1 — £255,000 • 4 bed • 1 bath
2 bedroom terraced house for sale in Malvern Road, Dallow, Luton, Bedfordshire, LU1 1LG, LU1 — £230,000 • 2 bed • 1 bath • 764 ft²
4 bedroom terraced house for sale in Dunstable Road, Luton, LU4 — £260,000 • 4 bed • 2 bath
