Marsh Road, Luton, Bedfordshire, LU3
Offers Invited
- SIZE AVAILABLE
2,130-2,150 sq ft
198-200 sq m
- SECTOR
1 bedroom mixed use property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Mixed-use investment
- Freehold property
- Ground floor retail unit
- Duplex one-bedroom flat above
- Long-term residential tenant
- Income-producing Total income £24,700 pa
- Busy parade location
- Luton property investment
- Immediate rental income
Description
FOR SALE - PRIME FREEHOLD MIXED-USE INVESTMENT
183B Marsh Road, Luton
£360,000 - Open to Sensible Offers
An outstanding opportunity to acquire a fully let freehold mixed-use investment positioned in a prominent and well-established trading location on Marsh Road, one of Luton's busy commercial parades.
This income-producing asset comprises a ground-floor commercial unit let to a nationally recognised estate agency and a self-contained duplex flat above, both generating immediate and consistent returns.
Ground Floor Commercial Unit
Approx. 116 sq. metres (1,249 sq. ft.)
Let to Spicerhaarts (haart Estate Agents)-an established national operator
5-year lease from 01/09/2022 to 30/09/2027
Current rent: £16,900 per annum, paid quarterly
EPC Rating: C
The unit occupies a visible frontage on a busy parade with strong footfall and passing traffic, providing investors with a reliable commercial covenant and income security until 2027.
Self-Contained Duplex Flat (First & Second Floor)
One-bedroom duplex apartment
Approx. 83 sq. metres (approx. 893 sq. ft.)
Managed by Taylors Letting Agents (Luton)
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
The flat benefits from generous internal space over two levels and provides stable residential income with a well-established tenant.
Investment Overview
Total annual 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 thriving and established retail parade in Luton, serving a densely populated residential catchment. The property benefits from strong transport links and consistent commercial demand.
Why Invest?
Fully let-income from day one
National commercial tenant
Long-standing residential tenant
Mixed-use risk diversification
Prime parade location
Freehold ownership
For Further Information or Viewings
Contact:
Sabbi Bains -
Sam Bains -
This is an excellent opportunity for investors seeking a secure, diversified, and established income stream with potential for future rental growth.
Early enquiries are highly recommended.
183B Marsh Road, Luton
£360,000 - Open to Sensible Offers
An outstanding opportunity to acquire a fully let freehold mixed-use investment positioned in a prominent and well-established trading location on Marsh Road, one of Luton's busy commercial parades.
This income-producing asset comprises a ground-floor commercial unit let to a nationally recognised estate agency and a self-contained duplex flat above, both generating immediate and consistent returns.
Ground Floor Commercial Unit
Approx. 116 sq. metres (1,249 sq. ft.)
Let to Spicerhaarts (haart Estate Agents)-an established national operator
5-year lease from 01/09/2022 to 30/09/2027
Current rent: £16,900 per annum, paid quarterly
EPC Rating: C
The unit occupies a visible frontage on a busy parade with strong footfall and passing traffic, providing investors with a reliable commercial covenant and income security until 2027.
Self-Contained Duplex Flat (First & Second Floor)
One-bedroom duplex apartment
Approx. 83 sq. metres (approx. 893 sq. ft.)
Managed by Taylors Letting Agents (Luton)
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
The flat benefits from generous internal space over two levels and provides stable residential income with a well-established tenant.
Investment Overview
Total annual 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 thriving and established retail parade in Luton, serving a densely populated residential catchment. The property benefits from strong transport links and consistent commercial demand.
Why Invest?
Fully let-income from day one
National commercial tenant
Long-standing residential tenant
Mixed-use risk diversification
Prime parade location
Freehold ownership
For Further Information or Viewings
Contact:
Sabbi Bains -
Sam Bains -
This is an excellent opportunity for investors seeking a secure, diversified, and established income stream with potential for future rental growth.
Early enquiries are highly recommended.
Marsh Road, Luton, Bedfordshire, LU3
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Leagrave Station0.2 miles
- Luton Station2.3 miles
- Luton Parkway Station3.3 miles
Notes
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