3 bed terraced house for sale

Russell Rise, Luton, Bedfordshire LU1

Russell Rise, Luton

Presented to the market with the significant advantage of being chain-free, this three-bedroom house in a sought-after South Luton location offers an exceptional opportunity for both owner-occupiers looking to modernise and investors seeking a property with strong buy-to-let or HMO potential. With offers invited between £300,000 and £325,000, this residence represents a compelling proposition in today's market.

Upon entering, you are greeted by a property that, while in need of some modernising, boasts a solid foundation and generous proportions. The ground floor features two versatile reception rooms, providing ample space for both comfortable family living and entertaining. These rooms offer flexibility, allowing new owners to configure them to suit their lifestyle, whether as a dedicated living room and dining area, or perhaps a separate study or play room. The layout lends itself well to contemporary open-plan living, subject to the necessary planning and building regulations. One of the standout features of this property is the inclusion of two bathrooms, a highly desirable amenity that significantly enhances convenience for families or multiple occupants, particularly for those considering its HMO potential. This practical addition helps to alleviate the morning rush and provides greater comfort for all residents. Upstairs, the property comprises three well-proportioned bedrooms, offering comfortable accommodation for a growing family or tenants. Each room provides a blank canvas for redecoration, allowing the new owner to infuse their personal style and create a truly bespoke living space. The presence of three bedrooms, coupled with the two bathrooms and two reception rooms, makes this an attractive option for the rental market, particularly for those looking to capitalise on the demand for multi-occupancy housing in the area.

The South Luton location is a key selling point, offering residents easy access to all local amenities. A variety of shops, supermarkets, schools, and leisure facilities are all within close proximity, catering to everyday needs. Furthermore, the property benefits from excellent transport links, including convenient access to major road networks and Luton train station, making it ideal for commuters travelling to London and beyond. The area is well-served by public transport, ensuring connectivity throughout Luton and the surrounding regions.

For investors, the 'buy-to-let' and 'HMO potential' are particularly noteworthy. The property's configuration, combined with its desirable location and the inclusion of two bathrooms, positions it as an attractive asset for generating rental income. With some strategic modernisation, the property could command a strong rental yield, appealing to a wide range of tenants.

While the property does require some updating, this presents a fantastic opportunity for buyers to add significant value and tailor the home to their exact specifications. This allows for a personalised renovation project, transforming the house into a modern and comfortable dwelling. Viewing is highly advised to fully appreciate the potential this chain-free South Luton home has to offer.