Summary - 38, Lyndhurst Road, LUTON LU1 1LN
6 bed 4 bath Terraced
Turnkey rental cashflow near station, university and town centre.
Licensed six-bedroom HMO plus self-contained rear studio unit
A licensed six-bedroom mid-terrace HMO plus self-contained studio, presented as a turnkey income property close to Luton town centre, station and university. The main house offers five lettable rooms—three with en-suites—and communal kitchen/shower facilities; a modern studio at the rear provides an independent income stream. The vendor reports a monthly rental income of approximately £3,380 (combined £6,605 if purchased with the neighbouring house).
This Victorian bay-fronted property retains period character, high ceilings and double glazing, with compact but efficiently arranged rooms suited to sharers, students or professionals. The rear studio and some rooms include kitchenette facilities, increasing tenant privacy and rental flexibility. There is also unused garden space with potential to enhance outdoor amenity or add a summer house (subject to permissions).
Known practical points are clear: the plot is small, the building is a solid-brick Victorian terrace (likely without wall insulation), and the area is in a very deprived ward with higher-than-average crime rates. The property will require typical period maintenance and ongoing HMO management. A pay-as-you-go communal laundry facility serving neighbouring properties is located in the adjacent garden.
For investors this offers a high-yielding, well-located HMO with proven demand from students, commuters and professionals. The option to purchase the adjoining house creates scope to scale income and management efficiencies, but buyers should budget for refurbishment, compliance upkeep and close tenant management given the local context.
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