An excellent opportunity to acquire a six-bedroom HMO in one of Luton's most established rental locations. This substantial investment property offers spacious accommodation, strong rental demand and excellent long-term income.
Situated on the popular Lyndhurst Road, the property is ideally positioned for access to Luton town centre, London Luton Airport, the University of Bedfordshire and Luton Railway Station, ensuring consistent demand from professional tenants.
At the asking price of £370,000, an investor achieving an average rental income of approximately £600 per room per calendar month (subject to occupancy, operating costs and management) would generate a gross annual yield of around 13%.
Whether you are expanding an existing HMO portfolio or entering the investment market, this property represents an excellent opportunity to acquire a substantial income-producing asset in a prime rental location.
Asking Price: £370,000
For further information or to arrange a viewing, contact My E state today.
Tenure : Freehold
Council Tax Band : B
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