£575,000
6 bed semi-detached house for saleRowelfield, Luton, Bedfordshire LU2
6 beds
6 baths
2 receptions
EPC Rating: C
- Chain free
- Freehold
Penrose Estate Agents
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About this property
Chain Free
Lucrative Hmo Investment With Annual Income Of Approx £55,000 Per Annum
Popular Vauxhall Park Area
Easy Access To Luton Airport And Major Transport Links
Off Road Parking And A Low Maintenance Rear Garden
Six Bedrooms Hmo With All Ensuites
Easy Access To Local Amenities And Transport Links
Viewing Advised
Rowelfield, Luton
Penrose are delighted to offer this outstanding investment opportunity, this substantial six-bedroom house, located in the highly desirable Vauxhall Park area of Rowelfield, Luton, is now available for sale. Offered chain-free, this property is a lucrative House in Multiple Occupation (HMO) investment, currently generating an impressive annual income of approximately £55,000 per annum, making it an attractive proposition for discerning investors seeking a robust return. Chain-free, six-bedroom HMO property in Luton's sought-after Vauxhall Park, offering an approximate annual income of £55,000. An ideal investment.
Upon entering, the property immediately conveys its well-maintained and thoughtfully designed layout, specifically configured for HMO living. Each of the six generously proportioned bedrooms benefits from its own private en-suite bathroom, a highly sought-after feature that significantly enhances tenant appeal and ensures maximum occupancy. This meticulous attention to detail provides a comfortable and private living experience for each resident, a key factor in its consistent rental performance.
The ground floor features two versatile reception rooms, offering communal spaces for residents to relax and socialise. These areas are complemented by a well-appointed kitchen, designed to cater to the needs of multiple occupants, ensuring functionality and ease of use. The layout has been optimised to maximise both living comfort and operational efficiency for an HMO.
Externally, the property boasts the practical advantage of off-road parking, a valuable asset in this popular residential area, providing convenience for residents and visitors alike. To the rear, a low-maintenance garden offers a private outdoor space, perfect for relaxation without the burden of extensive upkeep, further enhancing the property's appeal to tenants.
The location of this property is truly exceptional. Situated in the popular Vauxhall Park area, residents benefit from easy access to a wealth of local amenities, including shops, supermarkets, and recreational facilities. Furthermore, its strategic position provides excellent transport links, with straightforward access to Luton Airport and major road networks, making it highly attractive to professionals and commuters. The proximity to public transport routes also ensures seamless connectivity to Luton town centre and beyond.
This property represents a turnkey investment, ready to continue generating substantial income from day one. The existing HMO setup, coupled with the high demand for quality rental accommodation in Luton, particularly properties offering en-suite facilities, underscores its long-term potential. The chain-free status simplifies the purchasing process, allowing for a swift and smooth transaction. Given its impressive income potential, desirable location, and the rare offering of six en-suite bedrooms, early viewing is strongly advised to fully appreciate the scope and quality of this exceptional investment opportunity. This is more than just a house; it's a proven income-generating asset in a prime Luton location.
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