Marsh Road, Luton, Bedfordshire, LU3

FOR SALE - PRIME FREEHOLD MIXED-USE INVESTMENT
183B Marsh Road, Luton
£360,000 - Open to Sensible Offers

An excellent opportunity to acquire a fully let freehold mixed-use investment in a prominent position along Marsh Road, one of Luton's established and busy retail parades. This income-producing asset provides immediate returns and long-term investment security.

The property comprises a ground floor commercial unit let to a nationally recognised estate agency and a spacious self-contained two-bedroom duplex flat above.

Ground Floor Commercial Unit

Approx. 116 sq. metres (1,249 sq. ft.)

Let to Spicerhaarts (trading as haart Estate Agents)

5-year lease from 01/09/2022 to 30/09/2027

Current rent: £16,900 per annum (paid quarterly)

EPC Rating: C

The unit benefits from strong frontage onto a busy parade with consistent footfall and passing traffic, providing a reliable commercial covenant and secure income until 2027.

Self-Contained Duplex Flat (First & Second Floor)

Two-bedroom duplex apartment

Approx. 83 sq. metres (893 sq. ft.)

Managed by Taylors Letting Agents

Assured Shorthold Tenancy

Long-term tenant in situ (approx. 20 years)

Current rent: £650 per month (£7,800 per annum - inclusive of water rates)

EPC Rating: E

Approximate Room Sizes:

Lounge: 20.705 ft x 15.046 ft (approx. 311.53 sq. ft.)

Kitchen: 12.195 ft x 9.964 ft (approx. 121.51 sq. ft.)

Bedroom One: 9.931 ft x 17.989 ft (approx. 178.65 sq. ft.)

Bedroom Two: 10.082 ft x 10.367 ft (approx. 104.53 sq. ft.)

(All sizes quoted as approximate.)

The flat offers generous accommodation arranged over two floors, providing stable and consistent residential income.

Investment Summary

Total Income: £24,700 per annum

£16,900 commercial

£7,800 residential

Gross Yield: Approx. 6.86% at asking price

Freehold Title

Separate electricity supplies

No gas

Shared water meter

Location

Marsh Road is a well-established and thriving retail parade within Luton, serving a densely populated residential catchment. The area benefits from strong transport links and sustained commercial demand, making it a proven location for both retail and residential occupancy.

Why This Investment Works

Fully let - income from completion

National commercial covenant

Long-standing residential tenant

Mixed-use diversification

Prime parade position

Freehold ownership

For Further Information or Viewings

Sabbi Bains -
Sam Bains -

An ideal opportunity for investors seeking a secure, diversified income stream with potential for future rental growth.

Early enquiries are strongly recommended.