9 bedroom semi-detached house for sale
Conway Road, Luton, Bedfordshire, LU4 8JB
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
9
- BATHROOMS
9
- 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
- Chain Free Accommodation
- Great Investment opportunity
- Over 2500 Square Foot
- 9 Bedrooms with En-suites
- Access From Rear
- Walking Distance To Local Shops
- Heavily Extended
- Over 10% Yield
- Management Company (if needed)
Description
Huge investment opportunity with over £70,000 potential earnings and CHAIN FREE. Land has exceptional plot to potentially to build (STPP)
Investment Opportunity | 9-Bedroom HMO with Development Potential
Conway Road presents an outstanding investment opportunity, offering both strong immediate income and significant future development potential. This substantial property is arranged as a fully operational 9-bedroom HMO, with every bedroom benefiting from its own private en-suite, ensuring excellent tenant appeal and long-term demand.
The internal layout is well suited to professional HMO use, featuring two generous communal kitchens that comfortably accommodate multiple occupants while maintaining a high standard of shared living. The property is currently generating an impressive surplus income of approximately £70,000 per annum, making it an attractive proposition for investors seeking robust and reliable returns.
A particularly rare and valuable feature of this property is the huge plot to the rear. This land offers clear scope for the construction of an additional, separate dwelling, subject to the necessary planning consents. Importantly, the rear plot benefits from independent access via Claremont Road, allowing for future development without disrupting the existing HMO, further enhancing the long-term value of the asset.
This is a compelling opportunity to acquire a high-performing HMO with immediate cash flow, combined with the potential to unlock further value through development in the future. Early viewing is strongly recommended to fully appreciate the scale of the property, the income potential, and the exceptional development opportunity on offer.
- 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: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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
Conway Road, Luton, Bedfordshire, LU4 8JB
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Visit our security centre to find out moreDisclaimer - Property reference 718536. 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 Indigo Residential, Barton Road. 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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