Instant Online Valuation


Price £625,000 - Available


Venture Commercial are pleased to present this well-maintained six-bedroom mid-terrace property, licensed as a House of Multiple Occupation (C4) under reference (21/00804/LAWP), located in the highly sought-after area of Russell Rise, Luton. Recently refurbished to a high standard, this property offers a stylish and comfortable living environment, making it an ideal choice for both investors and tenants.

Spanning three spacious floors, the property boasts six generously sized double bedrooms, each with its own modern ensuite bathroom, ensuring privacy and convenience for all tenants. The property's thoughtful design strikes the perfect balance between personal space and communal living, catering to professionals and students alike.

At the heart of the property is the fully equipped communal kitchen, featuring modern appliances and ample storage space, creating a functional and welcoming area where tenants can cook and socialise. Additionally, the kitchen opens onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings.

The property currently generates an rental income of £57,000 per annum (inclusive of utilities and outgoings), with each room let on an individual HMO basis. Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity.

This well-appointed home provides a fantastic prospect for investors seeking a high-performing HMO in a prime location, with excellent transport links and a range of local amenities ensuring continuous tenant demand.

Contact us today to arrange a viewing or for further information on this exceptional property in Russell Rise, Luton.

Location

Situated in the vibrant and well-connected area of Russell Rise, Luton, this property benefits from an excellent location with easy access to a wide range of local amenities. Just a short distance from Luton Train Station, with direct rail links to London within 40 minutes and other major cities, making it ideal for commuters.

The property is also well-served by major road links, including the nearby M1 motorway, allowing for easy travel to both the north and south of the country. The area offers a variety of supermarkets, shops, and dining options, providing everyday conveniences within close proximity. Local bus services further enhance connectivity, ensuring easy access to surrounding areas and the wider Luton region. This prime location combines urban convenience with superb transport links, making it a highly desirable choice for tenants.



Council Tax
Luton Borough Council, To Be Confirmed

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.

Utility Supply Type
Electric Mains Supply
Gas Mains Supply
Water Mains Supply
Sewerage None
Broadband None
Telephone None

Other Items Description
Heating Not Specified
Garden/Outside Space No
Parking No
Garage No

Broadband Coverage Highest Available Download Speed Highest Available Upload Speed
Standard 16 Mbps 1 Mbps
Superfast 80 Mbps 20 Mbps
Ultrafast 1000 Mbps 1000 Mbps

Mobile Coverage Indoor Voice Indoor Data Outdoor Voice Outdoor Data
EE Likely Likely Enhanced Enhanced
Three Enhanced Enhanced Enhanced Enhanced
O2 Enhanced Likely Enhanced Enhanced
Vodafone Likely Likely Enhanced Enhanced

Broadband and Mobile coverage information supplied by Ofcom.


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