Skip to content
Get brand editions for Penrose Estate Agents, Luton

Barbers Lane, Luton, Bedfordshire, LU1 2HZ

PROPERTY TYPE

End of Terrace

BEDROOMS

8

BATHROOMS

3

SIZE

Ask agent

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

  • Chain free
  • Eight/nine bedroom investment opportunity
  • Two communal rooms on ground floor
  • Three bathrooms
  • Scope for further development STPP
  • Tenants in situ with income of approx 50k per annum
  • Town centre location
  • Within 1/4 mile from Luton train station
  • Courtyard garden
  • Fully licenced hmo

Description

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.
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Patio
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Barbers Lane, Luton, Bedfordshire, LU1 2HZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Luton Station0.1 miles
  • Luton Parkway Station0.9 miles
  • Leagrave Station2.5 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwide
Recently sold & under offer
See similar nearby properties
Get brand editions for Penrose Estate Agents, Luton

About the agent

Penrose Estate Agents, Luton

386 Hitchin Road Luton LU2 7SR

Penrose Estate Agents, Luton
ABOUT US
Penrose Estate Agents - Your Agent Of Choice

Our names are Richard, Ben and Adam and we founded Penrose Estate Agents in 2016. Between us, we hold over thirty years of industry experience helping thousands of people in and around Luton complete their home moves.

We offer sellers and landlords a unique full range of marketing options, from an online only service through to traditional, fully managed moves.

We understand that our customers have very diff

More properties from this agent

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference PNR_PNR_LFSYCL_524_685318250. 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 Penrose 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.