Offers over
£450,000
8 bed block of flats for salePark Street, Luton LU1
8 beds
4 baths
4 receptions
- Leasehold
Nova Estate Agents
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About this property
Nova Estate Agents
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Cash Buyers Only
42 Years Lease Remaining
Luton Town Centre Location
Yearly Rental Income £54,000 (approx)
4 x Two Bedroom Apartments
Investment Opportunity – 4 x 2-Bedroom Apartments in Luton Town Centre (Park Street)
A rare opportunity to acquire a selection of four well presented two bedroom apartments, offered for sale as one lot in the heart of Luton town centre, with walking distance to shopping mall, train station, Bedfordshire University and bus station.
Each apartment is currently let, generating a combined rental income of approximately £4,500 per month, making this an ideal purchase for investors seeking a high-yield, ready-made portfolio.
**Key Features:**
* 4 x 2-bedroom apartments sold as one lot
* Currently fully tenanted with consistent rental income
* Approx. £54,000 annual rental yield
* Lease remaining: Approx. 42 years
* Cash buyers only
* Prime central location with strong rental demand
* Future potential to acquire the freehold
This is a fantastic long-term investment with excellent immediate returns and strong potential for future capital growth and lease extension or freehold acquisition.
Early interest is expected – contact us now to arrange a viewing or for further information.
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Tenure
Leasehold (48 years)
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