6 bedroom semi-detached house for sale

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6 bedroom semi-detached house for sale

St. Margarets Avenue, Luton LU3
£550,000

Our Summary

  • The Ground Floor also contains a storage room with potential for developing into a 7th bedroom (StP)
  • Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity

Description

This 6-bedroom, fully licensed HMO property in the Saints Area is a fantastic investment opportunity. The property spans three floors, with a guest cloakroom, living/TV room, and dining room on the ground floor, as well as a fully equipped communal kitchen with separate laundry/utility room. The first floor boasts four double bedrooms, each with its own modern en-suite bathroom, while the second floor features a large double bedroom with WC/basin and separate shower room, and additional storage. The property currently generates an annual rental income of £55,000, with each room let on an individual HMO basis, offering strong rental yields in a thriving market. The property also features a well-maintained rear garden, perfect for outdoor relaxation and social gatherings. With its thoughtful design and excellent location, this property is sure to appeal to professionals and investors alike.