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SOLD STC

Ridgway Road, Luton

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Nova Estate Agents
  • Excellent investment opportunity
  • HMO licensed
  • 5 Bedrooms
  • £30,000PA approx income
  • Close to town centre and station
  • Extended
  • Tenants in situ

Description

Situated on Ridgway Road, this residence presents an enticing prospect for investors keen on portfolio expansion. Operating as a House of Multiple Occupancy (HMO), all five rooms are presently occupied, yielding a commendable 8% return on investment with the promise of further growth. (subject to rent reviews)

The ground floor showcases a communal lounge area and a spacious kitchen, boasting ample cupboard space for residents. The accommodations on this level include two bedrooms; one, a larger than average room forming part of the rear extension, and the other a well sized double bedroom.

The first floor contains two double bedrooms, one single bedroom and a shared shower room. External features include a maintained rear garden with lawn and decking area. Residents can take advantage of permit parking at the front.

This property offers a hassle free investment opportunity for those eager to enrich their portfolio and seamlessly take over the existing tenancies.

Brochures

Ridgway Road, LutonBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Ridgway Road, Luton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Luton Station0.6 miles
  • Luton Parkway Station1.2 miles
  • Leagrave Station2.5 miles
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About Nova Estate Agents, Luton

Jansel House, 648 Hitchin Road, Luton, LU2 7XH
Industry affiliations:Industry affiliation 0 logoIndustry affiliation 1 logo
Hello.

We are Nova Estate Agents, local property experts with 48 years+ of experience in the industry. Having previously worked for both corporate and independent agents we've come together to create an estate agency that's here to do things differently. Combining traditional values with a modern approach.

Customer satisfaction is at the forefront of our business, so we pride ourselves on being approachable, welcoming, 'real' individuals who understand the need to deal personally with our customers. We know what works and what doesn't, so we can provide an accurately tailored service for you.

Selling or letting a property can be complicated, daunting and time consuming therefore, we have put into place resources to make the process as streamlined as possible for our clients. Our experienced property experts will look after you every step of the way, with us you are in safe hands!

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Disclaimer - Property reference 32735520. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nova Estate Agents, Luton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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