Luton LU1 1 bed apartment for sale

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Luton LU1 1 bed apartment for sale

Luton LU1
£1,100,000

Price History

Initial price £1,200,000
15/02/25 £1,100,000
Price Change -8.33%

Description

This freehold, fully licensed HMO mid-terrace property in Luton offers a strong rental income with 9 en-suite bedrooms and a self-contained 1-bedroom basement apartment. The property is well-organized and designed for tenant comfort, with each bedroom and the basement apartment independently metered for utilities. The property is fully occupied, generating an annual income of £83,460 with potential for future increases. The location is ideal, with walking distance to the town centre, local transport links, and proximity to Luton Railway Station and M1 motorway. The property is an exceptional investment opportunity, offering a high rental yield and excellent accessibility.