Offers over
£550,000
6 bed semi-detached house for saleSt. Margarets Avenue, Luton LU3
6 beds
6 baths
1 reception
EPC Rating: C
- Freehold
Connells - Luton
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About this property
Six Good Size Bedrooms
Saints Area
En - Suite To All Rooms
£55,000 A Year Income
Off Street Parking
Fully Licensed HMO
Close To Leagrave Train Station
Summary
We are delighted to be selling this 6 Bedroom fully licensed HMO property In The Saints Area. This property is over three floors, the property boasts six good sized double bedrooms, each with its own modern en suite bathroom, ensuring privacy and convenience for all tenants.
Description
We are delighted to be selling this 6-bedroom fully licensed HMO property located in the Saints Area. This property is over three floors, to the ground floor there is a guest cloakroom, living/TV room and separate dining room, and to the rear you have a fully equipped communal kitchen, featuring modern appliances and ample storage space with separate laundry/utility room creating a functional and welcoming area where tenants can cook and socialise. Additionally, the kitchen, lounge/TV room and dining room all open onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings. The property's thoughtful design strikes the perfect balance between personal space and communal living catering to professionals.
The Ground Floor also contains a storage room with potential for developing into a 7th bedroom (StP).
The first floor boasts four good sized double bedrooms, each with their own modern en suite ensuring privacy and convenience for all tenants.
The second floor offers a large double bedroom with WC/basin and separate shower room, and additional storage.
The property currently generates an rental income of £55,000 per annum (inclusive of utilities and outgoing's), with each room let on an individual HMO basis. Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity!
Entrance Hall
Door to front.
Bedroom Six 12' 9" x 10' 3" into bay ( 3.89m x 3.12m into bay )
Double glazed bay window to front. Radiator.
En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Extractor fan. Fully tiled.
Storage Room 13' 7" x 8' 5" ( 4.14m x 2.57m )
(Potential Bedroom 7)
Current used as storage room. Double glazed window and door to front. Radiator. Access to hall.
Lounge / Tv Room 13' 7" x 9' 5" ( 4.14m x 2.87m )
Double glazed door to rear garden. Access to hall. Open plan into kitchen area.
Kitchen 14' 1" x 7' 3" ( 4.29m x 2.21m )
Fitted with wall and base units. Stainless steel sink drainer. Work surfaces. Gas hob. Electric oven. Cooker hood. Splashback tiling. Plumbing and space for appliances. Spot lights. Access to utility room.
Utility Room 6' 4" x 6' 1" ( 1.93m x 1.85m )
Fitted with base units. Plumbing and space for appliances. Double glazed window to rear
Dining Room 8' 5" x 8' ( 2.57m x 2.44m )
Double glazed window and door to rear.
Cloakroom
Fitted with low level wc. Wash hand basin. Storage cupboard.
Hall
Stairs rising to first floor.
First Floor Landing
Bedroom Two 10' 8" into bay x 10' ( 3.25m into bay x 3.05m )
Double glazed bay window to front. Radiator.
En Suite
Fitted with low level wc. Wash hand basin. Corner shower cubicle. Heated towel rail. Fully tiled. Extractor fan. Double glazed window to front.
Bedroom Three 10' 8" x 8' 5" ( 3.25m x 2.57m )
Double glazed window to front. Radiator.
En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.
Bedroom Four 14' 4" x 10' 9" ( 4.37m x 3.28m )
Double glazed bay window to rear. Radiator.
En Suite
Fitted with low level wc. Wash hand basin. Corner shower cubicle. Heated towel rail. Fully tiled. Extractor fan.
Bedroom Five Irregular Shaped Room 14' 4" x 9' 4" ( 4.37m x 2.84m )
Double glazed bay window to rear. Radiator.
En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.
Second Floor Landing
Stairs rising from first floor. Storage cupboard. Skylight window
Bedroom One 18' 4" x 14' ( 5.59m x 4.27m )
Double glazed window to rear. Sky light window. Radiator. Storage cupboard.
En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.
Outside
Front Garden
Brick paved driveway providing off street parking
Rear Garden
Enclosed by panelled fencing. Paved patio area. Flowerbeds.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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