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Get brand editions for Penrose Estate Agents, Luton

Russell Rise, Luton, Bedfordshire, LU1 5EX

PROPERTY TYPE

Terraced

BEDROOMS

4

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

Floorplan 1
1

Key features

  • Chain Free
  • Four/Five Bedroom House
  • Town Centre Location
  • Fantastic Buy To Let
  • Four First Floor Bedrooms
  • Two Reception Rooms One Used As Fifth Bedroom
  • Secluded Rear Garden
  • Potential To Convert To HMO
  • Easy Access To Luton Airport And Other Transport Links
  • Viewing Advised

Description

Penrose are delighted to offer this exceptional four/five bedroom house, ideally situated on Russell Rise in the heart of Luton. Offered to the market chain-free and with offers over £280,000, this property presents a compelling proposition for both discerning homeowners and astute investors alike. Its prime town centre location ensures unparalleled convenience, placing residents within easy reach of a comprehensive array of local amenities, including vibrant shopping districts, diverse dining options, and essential services.

Upon entering, you are greeted by a flexible layout that currently offers one reception room, with a second reception room thoughtfully converted into a fifth bedroom, showcasing the property's adaptability to various living arrangements. This versatility is a significant advantage, particularly for larger families or those seeking additional guest accommodation or a dedicated home office space. The ground floor's adaptable nature allows for immediate comfortable living while also presenting scope for future customisation to perfectly align with individual preferences. Ascending to the first floor, you will find four well-proportioned bedrooms, providing ample private space for all occupants. These bedrooms are complemented by a single, conveniently located bathroom, ensuring practical living for a busy household. The layout is designed to maximise natural light and create a welcoming atmosphere throughout.

One of the standout features of this property is its fantastic potential as a buy-to-let investment. The current configuration, with the option of five bedrooms, makes it highly attractive to the rental market. Furthermore, the property holds significant potential to be converted into a House in Multiple Occupation (HMO), subject to the necessary planning permissions and regulations. This offers a lucrative income stream for investors looking to capitalise on Luton's strong rental demand, driven by its excellent transport links and proximity to major employment hubs.

Location is paramount, and Russell Rise excels in this regard. Residents benefit from incredibly easy access to Luton Airport, a major international gateway, making it ideal for frequent travellers or those working within the aviation industry. Beyond the airport, the property is exceptionally well-connected to other vital transport links, including Luton's mainline railway station, offering fast and frequent services to London St Pancras International, and major road networks such as the M1 motorway. This connectivity ensures effortless commutes and convenient travel across the region and beyond.

Given its chain-free status, versatile accommodation, prime town centre location, and significant investment potential, this property is expected to attract considerable interest. Whether you are a first-time buyer, a growing family, or a seasoned investor, this house offers a unique blend of comfort, convenience, and opportunity. Viewing is highly advised to fully appreciate the scope and appeal of this remarkable home. Do not miss the chance to secure a property with such diverse possibilities in a highly sought-after area.
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.
Permit
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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Russell Rise, Luton, Bedfordshire, LU1 5EX

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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
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,303
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685446729. 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.
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