House For Sale £575,000
Penrose are delighted to offer this remarkable investment opportunity. Boasting eight generously sized bedrooms, three bathrooms, and two reception rooms, this property is the ultimate rental income powerhouse.
This promising property provides an impressive earning potential, currently generating an approximated annual income of £50,000 with reliable tenants in place. Take advantage of the hassle-free rental market, as this house is offered chain-free, ensuring a smooth transition for investors. For astute buyers seeking further development opportunities, there is substantial scope for improvement, subject to necessary planning permissions. Expanding the property's footprint or reconfiguring the existing space could unlock even greater returns on investment.
The location of this property is unbeatable, with its prime town centre positioning. Conveniently situated within a quarter-mile radius of Luton train station, commuting and travel have never been easier. Enjoy quick access to major transport links, connecting residents to nearby cities and beyond. Outside, a charming courtyard garden offers a tranquil retreat from the bustling city life. This additional space is perfect for residents to unwind, soak up the sun, or indulge in al fresco dining. Embrace the advantages of having an outdoor oasis in the heart of Luton. Moreover, this property comes with a fully licensed HMO, ensuring compliance with all necessary regulations. Savvy investors will appreciate the ease and simplicity of a fully licensed and managed property, guaranteeing the potential for a seamless investment journey.
Do not miss out on this incredible opportunity to secure a high-yielding investment property with considerable potential for further development. Contact our expert team now to arrange a viewing and explore the endless possibilities that await at this remarkable property in Barbers Lane, Luton.
