Russell Rise, Luton
- PROPERTY TYPE
House
- BEDROOMS
6
- BATHROOMS
6
- SIZE
1,302 sq ft
121 sq m
- 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
Description
Spanning three spacious floors, the property boasts six generously sized double bedrooms, each with its own modern ensuite bathroom, ensuring privacy and convenience for all tenants. The property`s thoughtful design strikes the perfect balance between personal space and communal living, catering to professionals and students alike.
At the heart of the property is the fully equipped communal kitchen, featuring modern appliances and ample storage space, creating a functional and welcoming area where tenants can cook and socialise. Additionally, the kitchen opens onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings.
The property currently generates an rental income of £57,000 per annum (inclusive of utilities and outgoings), with each room let on an individual HMO basis. Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity.
This well-appointed home provides a fantastic prospect for investors seeking a high-performing HMO in a prime location, with excellent transport links and a range of local amenities ensuring continuous tenant demand.
Contact us today to arrange a viewing or for further information on this exceptional property in Russell Rise, Luton.
Location
Situated in the vibrant and well-connected area of Russell Rise, Luton, this property benefits from an excellent location with easy access to a wide range of local amenities. Just a short distance from Luton Train Station, with direct rail links to London within 40 minutes and other major cities, making it ideal for commuters.
The property is also well-served by major road links, including the nearby M1 motorway, allowing for easy travel to both the north and south of the country. The area offers a variety of supermarkets, shops, and dining options, providing everyday conveniences within close proximity. Local bus services further enhance connectivity, ensuring easy access to surrounding areas and the wider Luton region. This prime location combines urban convenience with superb transport links, making it a highly desirable choice for tenants.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Brochures
Web Details- 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: TBC
- 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.
- 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
Russell Rise, Luton
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About Venture Residential, Luton
Leagrave Train Station 9 Compton avenue Leagrave Luton LU4 9AXVenture Residential are a new local independent estate agency focused on bringing London buyers to Luton. This ensures us to achieve the maximum value for our properties and in most cases receiving asking price offers or above.
We are a fast growing company with over 25 years combined experience in the property market and all of our team have extensive knowledge about Luton and the surrounding areas.
We personalise our service to each client as we understand no two properties are the same and appreciate that each individual client has different needs with selling their property. We will guide you through some of the most difficult decisions buying and selling your property to make it as stress-free as possible.
We are proud to offer an excellent service to all of our clients with a great reputation and satisfied vendors. Our expert negotiators have played a big part in our success by having the motivation and drive to go the extra mile for our vendors.
If you are thinking of selling or just wondering what your property is worth we will be happy to arrange a free valuation.
Your mortgage
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 6490_VENR. 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 Venture Residential, 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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