3 bed semi-detached house for sale

Norfolk Road, Luton, Bedfordshire LU2

Norfolk Road, Luton

Presenting an exceptional investment opportunity, this three double bedroom house, realistically priced at Offers Over £300,000, is situated in the highly sought-after St. Annes area of Luton. Offered to the market chain-free, this property is ideal for investors seeking immediate returns, with tenants currently in situ paying a healthy £1600 per calendar month.

The property, while in need of modernisation throughout, offers immense potential for enhancement and value addition. Its generous layout includes three well-proportioned double bedrooms, providing ample space for a family or multiple occupants. The existing reception room offers a comfortable living area, and with a single bathroom, there is scope to reconfigure or update to contemporary standards. One of the standout features of this residence is its large rear garden, a valuable asset offering significant outdoor space for relaxation, recreation, or further development. Crucially, the property presents considerable potential to extend, subject to planning permission (STPP), allowing future owners to significantly increase the living accommodation and overall value. This makes it an attractive proposition for those looking to create a bespoke family home or maximise rental yield.

Location is paramount, and this property excels in that regard. The popular St. Annes area is renowned for its convenience and connectivity. Residents benefit from easy access to major transport links, including Luton Airport and Luton Train Station, making it an ideal location for commuters or those requiring frequent travel. The area also boasts a range of local amenities, schools, and parks, contributing to its desirability.

This is a rare chance to acquire a realistically priced investment property with strong rental income and significant scope for capital appreciation in a prime Luton location. Early viewing is highly recommended to avoid disappointment.