Hitchin Road, Luton
£1,250,000

Venture Residential are pleased to offer for sale this amazing investment opportunity which comprises five terraced homes, each property is split into two separate one bedroom apartments each with their own private access, kitchen, bathroom and lounge. The ground floor apartments benefit from a rear garden. Hitchin Road is conveniently located within walking distance to Luton mainline train station, Luton town centre and the A6. Local shops, restaurants and public houses are located a short stroll up the hill. Eight of the ten apartments are currently tenanted and are being sold as an ongoing concern with tenants in situ. The remaining two apartments are currently on the market as available to let. Total rental income currently stands at £4,217pcm for the eight tenanted apartments and will increase to £5517.00pcm once the remaining two properties are let. There is potential to create an even greater income by increasing the rent on individual apartments which have lower than market value rent as and when the current tenants move out.