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SOLD STC

Cambridge Street, Luton, Bedfordshire, LU1 3QU

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

1

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

  • Chain Free
  • Valid HMO License In Place
  • Five Bedroom Terraced House
  • Amazing Investment - Returns of £3,300 Per Month
  • Four Bedrooms To First Floor One Bedroom To Ground Floor
  • Courtyard Garden
  • Walking Distance To Town Centre
  • Located South Luton
  • Permit Street Parking
  • Easy Access To Luton Airport And Luton Parkway Train Station

Description

A prime investment opportunity, this spacious 5 bedroom terraced house located in Cambridge Street, Luton offers an incredible return on investment with its exceptional rental potential and sought-after location. With its strategic position in South Luton, the property showcases a range of desirable features and exceptional accessibility.

Upon stepping into this well-maintained property, you will find yourself greeted by a spacious living room, perfect for relaxing or hosting social gatherings. The modern kitchen is equipped with all the necessary appliances and offers ample storage space, catering to all your culinary needs. The ground floor also includes a single bedroom, providing the perfect opportunity for a home office or guest room. Heading upstairs, you will discover four generously sized bedrooms, each providing a cozy and private sanctuary for residents. The abundant natural light filtering through the large windows adds a touch of warmth to the space.

This exceptional property currently holds a valid HMO license, making it an attractive choice for investors seeking regular and consistent rental income. The current tenants have shown a reliable payment history, yielding an impressive monthly rental return of £3,300. With minimal effort and expense, the property stands as an incredible income-generating asset. The exterior of the house boasts a charming courtyard garden, offering a haven for outdoor enthusiasts to enjoy their morning coffee or host small gatherings. The low maintenance garden ensures an easy living lifestyle for busy professionals or families seeking a spacious retreat.

Situated within walking distance of Luton's bustling town centre, the property benefits from easy access to a wide range of amenities, including shops, restaurants, and entertainment options. With Luton's rich cultural scene and vibrant community, residents will find themselves immersed in the lively heartbeat of the city. In addition, its ideal location allows easy access to Luton Airport and Luton Parkway Train Station, making it a convenient choice for frequent travelers or those commuting for work. The nearby permit street parking caters to residents with vehicles, ensuring secure and hassle-free parking options.

Overall, this 5 bedroom house in Cambridge Street, Luton is an outstanding investment opportunity for astute buyers. With its desirable features, prime location, high rental returns, and valid HMO license, this property is set to deliver substantial and consistent income for many years to come. Contact us now for more details and to arrange a viewing.

Construction; Brick Built
Energy; Octopus
Water; Affinity
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
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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Cambridge Street, Luton, Bedfordshire, LU1 3QU

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About Penrose Estate Agents, Luton

386 Hitchin Road Luton LU2 7SR

ABOUT US

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 different desires and deserve a real choice on how we help them achieve the best possible price. By combining both the online and traditional services, we provide flexible solutions that will meet every customers demands.

When you instruct us to sell or rent your property you can rest assured you will be dealing with experienced and efficient property professionals, who care about both you and your home.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£1,369
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685416484. 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.

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