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Rowelfield, Luton, Bedfordshire, LU2 9HL

PROPERTY TYPE

Semi-Detached

BEDROOMS

6

BATHROOMS

6

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
  • Lucrative Hmo Investment With Annual Income Of Approx £55,000 Per Annum
  • Popular Vauxhall Park Area
  • Easy Access To Luton Airport And Major Transport Links
  • Off Road Parking And A Low Maintenance Rear Garden
  • Six Bedrooms Hmo With All Ensuites
  • Easy Access To Local Amenities And Transport Links
  • Viewing Advised

Description

Penrose are delighted to offer this outstanding investment opportunity, this substantial six-bedroom house, located in the highly desirable Vauxhall Park area of Rowelfield, Luton, is now available for sale. Offered chain-free, this property is a lucrative House in Multiple Occupation (HMO) investment, currently generating an impressive annual income of approximately £55,000 per annum, making it an attractive proposition for discerning investors seeking a robust return. chain-free, six-bedroom HMO property in Luton's sought-after Vauxhall Park, offering an approximate annual income of £55,000. An ideal investment.

Upon entering, the property immediately conveys its well-maintained and thoughtfully designed layout, specifically configured for HMO living. Each of the six generously proportioned bedrooms benefits from its own private en-suite bathroom, a highly sought-after feature that significantly enhances tenant appeal and ensures maximum occupancy. This meticulous attention to detail provides a comfortable and private living experience for each resident, a key factor in its consistent rental performance.

The ground floor features two versatile reception rooms, offering communal spaces for residents to relax and socialise. These areas are complemented by a well-appointed kitchen, designed to cater to the needs of multiple occupants, ensuring functionality and ease of use. The layout has been optimised to maximise both living comfort and operational efficiency for an HMO.

Externally, the property boasts the practical advantage of off-road parking, a valuable asset in this popular residential area, providing convenience for residents and visitors alike. To the rear, a low-maintenance garden offers a private outdoor space, perfect for relaxation without the burden of extensive upkeep, further enhancing the property's appeal to tenants.

The location of this property is truly exceptional. Situated in the popular Vauxhall Park area, residents benefit from easy access to a wealth of local amenities, including shops, supermarkets, and recreational facilities. Furthermore, its strategic position provides excellent transport links, with straightforward access to Luton Airport and major road networks, making it highly attractive to professionals and commuters. The proximity to public transport routes also ensures seamless connectivity to Luton town centre and beyond.

This property represents a turnkey investment, ready to continue generating substantial income from day one. The existing HMO setup, coupled with the high demand for quality rental accommodation in Luton, particularly properties offering en-suite facilities, underscores its long-term potential. The chain-free status simplifies the purchasing process, allowing for a swift and smooth transaction. Given its impressive income potential, desirable location, and the rare offering of six en-suite bedrooms, early viewing is strongly advised to fully appreciate the scope and quality of this exceptional investment opportunity. This is more than just a house; it's a proven income-generating asset in a prime Luton location.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Driveway
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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Energy performance certificate - ask agent

Rowelfield, Luton, Bedfordshire, LU2 9HL

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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 1 and 40 years
Years
%
Monthly repayments
£2,623
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_685405623. 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.

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