6 bedroom semi-detached house for sale

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6 bedroom semi-detached house for sale

Farley Hill, Luton, LU1
£600,000

Price History

Initial price £650,000
31/12/24 £600,000
Price Change -7.69%

Description

This property in Farley Hill, Luton, presents a unique investment opportunity with strong rental potential. The property consists of two three-bedroom flats, currently rented out as serviced accommodation, generating a combined total of £3,400 per month. The flats offer spacious layouts, modern kitchens, and ample storage space. The property also features a large outbuilding at the rear of the garden, ready to be converted into a two-storey unit, potentially bringing in an additional £1,500 per month in rental income. The location is highly sought-after, with excellent transport links to Luton town centre, the main train station, and Luton Airport, making it an attractive option for professional tenants, commuters, or those looking for short-term stays. With a combined potential income of nearly £5,000 per month, this property offers both immediate returns and long-term investment growth, making it an ideal opportunity for those looking to expand their property portfolio or enter the serviced accommodation market.