Farley Hill, Luton, LU1
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- BATHROOMS
2
- SIZE
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- TENUREDescribes 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
- Two fully converted three-bedroom flats – Instant income of £3,400 per month
- Outbuilding ready for conversion – Potential to add an extra £1,500 in rental income
- Ideal for serviced accommodation – Proximity to Luton Airport and town centre attracts short-term tenants
- Spacious living areas in both flats – Open-plan design perfect for modern living and entertaining
- Generously sized bedrooms – Ample space for families, professionals, or serviced guests
- Private enclosed gardens – Outdoor space for both flats, adding tenant appeal
- Off-road parking – Convenient parking for residents or short-term guests
- Strong transport links – Under a mile to Luton train station, 10 minutes to the airport, and close to M1
- High demand rental area – Well-located in Luton, with local schools, parks, and amenities nearby
- Immediate investment return – No need for major work; start earning from day one with further growth potential
Description
Looking For A Solid Investment Opportunity With Strong Rental Potential? This property in Farley Hill, Luton, presents a unique chance to secure not just one, but two income-generating flats, with an added bonus of a substantial outbuilding ready for conversion.
Currently, the two three-bedroom flats are rented out as serviced accommodation, bringing in a combined total of £3,400 per month.
The Flats:
Both flats offer spacious layouts and have been designed with comfort and convenience in mind.
GROUND FLOOR |
The ground-floor flat features a large open-plan living space measuring 32' 6" x 9' 8" (9.91m x 2.95m), which seamlessly blends the lounge and kitchen areas. French doors and skylights flood the room with natural light, creating a bright and welcoming atmosphere.
The modern kitchen is well-equipped with a gas hob, electric oven, and space for all your essential appliances.
Three generously sized bedrooms, including one at 13' 3" x 11' 8" (4.04m x 3.56m), provide ample space for family living or guests.
The enclosed rear garden offers outdoor space that’s both private and practical, and there’s an off-road parking space available too.
FIRST FLOOR |
The first-floor flat also offers plenty of space with a similar airy feel.
The living room measures 14' 1" x 11' 9" (4.29m x 3.58m), and the kitchen, a comfortable 9' 8" x 8' 9" (2.95m x 2.67m), is equipped with a gas hob and electric oven, perfect for those who love to cook.
Three double bedrooms span across two floors, including a large 14' 7" x 9' 2" (4.45m x 2.79m) room on the second floor.
The flat has been freshly decorated throughout and comes with a modern fitted bathroom and additional toilet.
Additional Potential:
But what really elevates this property’s potential is the large outbuilding at the rear of the garden. Already connected to water, electricity, and plumbing, it’s ready to be converted into a two-storey unit of approximately 800 sq. ft. With some development work, this space could easily bring in an additional £1,500 per month in rental income.
Location:
Farley Hill is one of Luton’s most sought-after areas, known for its sense of community and excellent transport links. Luton town centre and the main train station are under a mile away, offering fast connections to London and beyond. Luton Airport is a mere 10-minute drive, and the M1 is easily accessible, making this location perfect 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. Whether you’re looking to expand your property portfolio or enter the serviced accommodation market, the opportunity here is undeniable.
Brochures
Brochure 1- 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.
- Ask agent
- 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.
- Ask agent
Energy performance certificate - ask agent
Farley Hill, Luton, LU1
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