Sold subject to contract
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£300,000

5 bed terraced house for sale
Cambridge Street, Luton, Bedfordshire LU1

    • 5 beds

    • 1 bath

    • 1 reception

  • EPC Rating: D

  • Chain free
  • Freehold

Penrose Estate Agents

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About this property

  • Chain Free

  • Valid HMO License In Place

  • Five Bedroom Terraced House

  • Amazing Investment - Returns of £3,300 Per Month

  • Four Bedrooms To First Floor One Bedroom To Ground Floor

  • Courtyard Garden

  • Walking Distance To Town Centre

  • Located South Luton

  • Permit Street Parking

  • Easy Access To Luton Airport And Luton Parkway Train Station

Cambridge Street, Luton, Bedfordshire, Lu1 3Qu

A prime investment opportunity, this spacious 5 bedroom terraced house located in Cambridge Street, Luton offers an incredible return on investment with its exceptional rental potential and sought-after location. With its strategic position in South Luton, the property showcases a range of desirable features and exceptional accessibility.

Upon stepping into this well-maintained property, you will find yourself greeted by a spacious living room, perfect for relaxing or hosting social gatherings. The modern kitchen is equipped with all the necessary appliances and offers ample storage space, catering to all your culinary needs. The ground floor also includes a single bedroom, providing the perfect opportunity for a home office or guest room. Heading upstairs, you will discover four generously sized bedrooms, each providing a cozy and private sanctuary for residents. The abundant natural light filtering through the large windows adds a touch of warmth to the space.

This exceptional property currently holds a valid HMO license, making it an attractive choice for investors seeking regular and consistent rental income. The current tenants have shown a reliable payment history, yielding an impressive monthly rental return of £3,300. With minimal effort and expense, the property stands as an incredible income-generating asset. The exterior of the house boasts a charming courtyard garden, offering a haven for outdoor enthusiasts to enjoy their morning coffee or host small gatherings. The low maintenance garden ensures an easy living lifestyle for busy professionals or families seeking a spacious retreat.

Situated within walking distance of Luton's bustling town centre, the property benefits from easy access to a wide range of amenities, including shops, restaurants, and entertainment options. With Luton's rich cultural scene and vibrant community, residents will find themselves immersed in the lively heartbeat of the city. In addition, its ideal location allows easy access to Luton Airport and Luton Parkway Train Station, making it a convenient choice for frequent travelers or those commuting for work. The nearby permit street parking caters to residents with vehicles, ensuring secure and hassle-free parking options.

Overall, this 5 bedroom house in Cambridge Street, Luton is an outstanding investment opportunity for astute buyers. With its desirable features, prime location, high rental returns, and valid HMO license, this property is set to deliver substantial and consistent income for many years to come. Contact us now for more details and to arrange a viewing.

Construction; Brick Built
Energy; Octopus
Water; Affinity

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More information

  • Tenure

    Freehold

  • Council tax band

    D

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Property descriptions and related information displayed on this page are marketing materials provided by - Penrose Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Penrose Estate Agents for full details and further information.