Offers over
£549,999
Terraced house for saleEdward Street, Luton LU2
EPC Rating: E
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About this property
High-Yield Investment Opportunity – Dual Property Acquisition in Luton
An exceptional opportunity to acquire two income-producing residential properties in the strong and consistently performing rental market of Luton. Offered as a single lot, this investment provides immediate rental income alongside clear potential for yield enhancement and long-term capital growth.
47 Baker Street is a three-bedroom end-of-terrace property, well suited to family letting and capable of achieving an estimated rental income in the region of £1,200–£1,400 per calendar month, equating to approximately £14,400–£16,800 per annum.
3 Edward Street, a larger four-bedroom property, offers increased income potential with estimated rental figures of £1,600–£1,900 per calendar month, generating approximately £19,200–£22,800 per annum. Combined, the properties present a projected gross annual income of £33,600–£39,600.
Based on current market conditions in Luton, this equates to an estimated gross yield in the region of 6%–8%, with further scope to increase returns through refurbishment, rental optimisation, or alternative letting strategies such as HMO (subject to necessary consents). Both properties are positioned in areas with strong tenant demand, supported by excellent transport links and local amenities, ensuring consistent occupancy and long-term investment stability.
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