Guide Price: £1,100,000
An excellent opportunity to acquire a substantial freehold property in Luton, comprising a 7-bedroom House in Multiple Occupation (HMO) together with a self-contained 2-bedroom bungalow, offering versatile accommodation and strong income potential.
The main dwelling is arranged as a 7-bedroom HMO, currently occupied and configured to accommodate multiple tenants with shared facilities (subject to licensing and compliance). The additional bungalow provides a separate residential unit, offering further flexibility for rental income, extended family use, or alternative arrangements (subject to the necessary consents).
The HMO provides multiple bedrooms arranged over the main property, with shared kitchen and bathroom facilities. The layout is suited to multi-occupancy use and benefits from established demand in the local area.
The bungalow offers a self-contained 2-bedroom layout, including its own kitchen, living space, and bathroom facilities, forming a separate dwelling within the overall title.
The property offers the opportunity to generate rental income from both the HMO and the bungalow, subject to the relevant licensing, compliance, and regulatory requirements.
There may be scope for future improvement or reconfiguration (subject to planning and consents), allowing purchasers to enhance the overall performance of the asset in line with current market conditions.
Situated in Luton, the property benefits from convenient access to a range of local amenities, including shops, schools, and services. The area is well connected, with transport links providing access to surrounding areas and routes into London.
Luton continues to be a popular location for tenants, particularly professionals and commuters, supporting consistent demand for rental accommodation.
Viewings are strictly by appointment only.
Tenure : Freehold
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