House For Sale £300,000
Situated within walking distance to the Town Centre is this fully licenced five bedroom HMO being offered to the market with vacant possession and without the complications of an onward chain. This property is a great investment with a potential yield of 8.06% or can be used as a family home.
Internally the ground floor accommodation consists of an entrance hall, large ground floor bedroom, reception room, ground floor cloakroom, spacious kitchen with ample cupboard space and access to the rear garden. On the first floor you will find four further bedrooms and a bathroom. Externally this property offers shared side access and a private rear garden with patio area.
Realistic potential prices for each bedroom;
Ground floor bedroom - £425-£450 pcm
Biggest bedroom on the first floor - £425-£450 pcm
Front bedroom on the first floor - £395 pcm
Front bedroom on the first floor - £395 pcm
Smallest bedroom on the first floor - £350-375 pcm
Calculated to be a 8.06% gross yield!
Ridgway Road is a popular location and is ideally accessible for those wishing to take advantage of its proximity to travel hubs including Luton mainline train station, junction 10 of the motorway, and London Luton airport, all of these within easy reach.
Entrance Hall
Door to front aspect, radiator and stairs leading to first floor landing.
Cloakroom
Low level WC and wash hand basin.
Bedroom (10' 2'' x 12' 2'' (3.100m x 3.705m))
Double glazed window to front aspect, radiator and television aerial point.
Dining Room (10' 11'' x 10' 0'' (3.334m x 3.040m))
Double glazed window to rear aspect and radiator.
Kitchen (13' 9'' x 8' 11'' (4.20m x 2.73m))
Fitted kitchen with a range of wall and base units with work surfaces, stainless steel sink unit, splash back tiling, electric oven, gas hob, cooker hood, plumbing for washing machine, space for fridge/freezer, central heating boiler, double glazed window to rear aspect and door to side aspect.
First Floor Landing
Cupboard and loft access.
Bedroom (7' 5'' x 12' 2'' (2.252m x 3.696m))
Double glazed window and radiator.
Bedroom (11' 0'' x 9' 0'' (3.343m x 2.748m))
Double glazed window to rear aspect and radiator.
Bedroom (7' 5'' x 12' 1'' (2.249m x 3.690m))
Double glazed window to front aspect and radiator.
Bedroom (7' 0'' x 8' 11'' (2.142m x 2.722m))
Double glazed window to rear aspect and radiator.
Bathroom
Window to side aspect, bath with mixer taps, wash hand basin, low level WC, radiator and part tiled walls.
Internally the ground floor accommodation consists of an entrance hall, large ground floor bedroom, reception room, ground floor cloakroom, spacious kitchen with ample cupboard space and access to the rear garden. On the first floor you will find four further bedrooms and a bathroom. Externally this property offers shared side access and a private rear garden with patio area.
Realistic potential prices for each bedroom;
Ground floor bedroom - £425-£450 pcm
Biggest bedroom on the first floor - £425-£450 pcm
Front bedroom on the first floor - £395 pcm
Front bedroom on the first floor - £395 pcm
Smallest bedroom on the first floor - £350-375 pcm
Calculated to be a 8.06% gross yield!
Ridgway Road is a popular location and is ideally accessible for those wishing to take advantage of its proximity to travel hubs including Luton mainline train station, junction 10 of the motorway, and London Luton airport, all of these within easy reach.
Entrance Hall
Door to front aspect, radiator and stairs leading to first floor landing.
Cloakroom
Low level WC and wash hand basin.
Bedroom (10' 2'' x 12' 2'' (3.100m x 3.705m))
Double glazed window to front aspect, radiator and television aerial point.
Dining Room (10' 11'' x 10' 0'' (3.334m x 3.040m))
Double glazed window to rear aspect and radiator.
Kitchen (13' 9'' x 8' 11'' (4.20m x 2.73m))
Fitted kitchen with a range of wall and base units with work surfaces, stainless steel sink unit, splash back tiling, electric oven, gas hob, cooker hood, plumbing for washing machine, space for fridge/freezer, central heating boiler, double glazed window to rear aspect and door to side aspect.
First Floor Landing
Cupboard and loft access.
Bedroom (7' 5'' x 12' 2'' (2.252m x 3.696m))
Double glazed window and radiator.
Bedroom (11' 0'' x 9' 0'' (3.343m x 2.748m))
Double glazed window to rear aspect and radiator.
Bedroom (7' 5'' x 12' 1'' (2.249m x 3.690m))
Double glazed window to front aspect and radiator.
Bedroom (7' 0'' x 8' 11'' (2.142m x 2.722m))
Double glazed window to rear aspect and radiator.
Bathroom
Window to side aspect, bath with mixer taps, wash hand basin, low level WC, radiator and part tiled walls.
