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Get brand editions for Penrose Estate Agents, Luton

Chiltern Rise, Luton, Bedfordshire, LU1 5HF

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

2

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

  • Open House Monday 10th 4PM-530PM
  • Chain Free
  • Possible HMO Or Two Separates Dwellings STPP
  • Accommodation Comprises Three Bedrooms, Two Reception Rooms And Two Bathrooms
  • Town Centre Location
  • Easy Access To All Major Transport Links
  • Lucaritive Buy To Let Inestment
  • Some Modernisation Required
  • Deceptively Spacious
  • Viewing Advised

Description

An exceptional opportunity awaits with this deceptively spacious three-bedroom house, ideally situated in the heart of Luton town centre. Offered to the market with offers over £250,000 and crucially, chain-free, this property presents a compelling proposition for both owner-occupiers and astute buy-to-let investors.

The accommodation is thoughtfully arranged, comprising three well-proportioned bedrooms, two versatile reception rooms, and two bathrooms, providing ample space for family living or multiple occupants. While some modernisation is required, this offers a fantastic chance for the new owner to personalise and enhance the property to their exact tastes and specifications, adding significant value in the process.

One of the most intriguing aspects of this property is its considerable potential. Subject to the necessary planning permissions (STPP), there is a genuine possibility to convert the dwelling into a lucrative House in Multiple Occupation (HMO) or even two separate dwellings. This flexibility makes it an incredibly attractive investment, promising strong rental yields in a high-demand area.

The location is truly second to none. Being in the town centre, residents will benefit from immediate access to an extensive array of local amenities, including diverse shopping facilities, restaurants, cafes, and leisure options. Furthermore, the property boasts easy access to all major transport links, including Luton mainline train station, offering fast and frequent services to London and beyond, as well as convenient road connections to the M1 motorway and London Luton Airport. This connectivity is a significant advantage for commuters and those requiring easy travel.

For those considering a buy-to-let investment, the property's configuration, coupled with its prime location and potential for enhancement, positions it as a highly lucrative asset. The demand for rental properties in Luton, particularly those with excellent transport links, remains consistently strong.

Prospective buyers are strongly advised to attend the Open House on Monday 10th, between 4PM and 5:30PM, to fully appreciate the scope and potential of this unique offering. Viewing is essential to grasp the true value and opportunities presented by this chain-free property. Do not miss out on this chance to acquire a substantial home with significant investment potential in a sought-after central 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.
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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

Chiltern Rise, Luton, Bedfordshire, LU1 5HF

Approximate location
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Affordability

Monthly repayments£1,304
Property: £ 260,000
Deposit: £ 26,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
Recently sold & under offer
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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.

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Disclaimer - Property reference PNR_PNR_LFSYCL_524_685534501. 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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