HMO mid-terrace property for sale on Cheapside road

Offers invited £1,100,000

LU1

  • 9 Bedrooms

Property Information

Property Description

This fully licensed freehold House in Multiple Occupation (HMO) mid-terrace property (4,063 sq. ft) is a fantastic investment opportunity. Classed as sui generis, it offers 9 generously sized en suite bedrooms, along with a separate self-contained 1-bedroom flat in the basement, ideal for generating a strong and flexible rental income.

On the ground floor, you’ll find bedrooms 1 to 4, along with a spacious shared kitchen and direct access to a private rear car park, which fits around 5 vehicles. Bedrooms 5 to 7 are on the first floor, with the remaining 2 rooms, 8 and 9, on the second floor.

Each bedroom, as well as the basement flat, has its own utility meter, so tenants pay for their usage directly. The current owner has fully furnished every room with a bed, bedside tables, wardrobe and fridge freezer, making the property ready to rent straight away and attractive to potential tenants.

Key Features: 

  • Luton train station – just 0.1 miles away
  • Luton Airport Parkway – just 0.9 miles away
  • Luton Point – just a few minutes’ walk 
  • Local shops and supermarkets – all within easy reach
  • Nearby parks and green spaces – all within walking distance 

Key Features

  • Kitchen-Diner
  • Off-road Parking

Location

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