5 bed semi-detached house for sale

Black Swan Lane, Luton LU3

An exceptional six-bedroom HMO investment property, extended and refurbished to a high standard, delivering a robust gross income of £3,400 per calendar month after all fees.

Fully compliant with current regulations and occupied by steady, long-term tenants who value the modern, spacious communal areas. Located close to local amenities, shops and transport links, this property also offers further rental potential via a vacant garden annexe.

Key features - Six bedrooms in a well-appointed HMO layout suitable for professional tenants - Ground floor: Entrance hallway, en-suite bedroom, another double bedroom, and a extra large kitchen/dining communal living room with a utility room and garden access -

First floor: En-suite bedroom plus three further double bedrooms served by a modern fitted bathroom and an additional WC - Garden annexe: Vacant with power; potential for additional rental income - Outside: Paved driveway with off-street parking for three cars; private rear garden with a patio - Location: Convenient proximity to amenities, shops and transport links - Investment highlights: Strong current rent of £3,400 pcm after agent fees and opportunities to increase yield with the annexe and further occupancy.

This large home would also make a wonderful family home. It’s so versatile that you could host multiple families living.

Property Ownership Information

Tenure

Freehold

Council Tax Band

C

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.