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Seven-Bedroom Mid-Terrace Building

Luton, LU1 - Get Access

7 bed 2 bath

Description

The property comprises a mid terrace building arranged to provide a five room fully licensed HMO and two self-contained studio flats, part let producing £29,880 per annum (reflecting a 14% yield on the guide price). The seller has advised that the property could produce £40,800 once fully occupied. The seller has also advised that the tenant in Room 2 is paid weekly for cleaning the property, with the cost deducted from the rent payable. The property is situated on a residential road close to local shops and amenities. The open spaces of Brantwood Park are within easy reach. Transport links are provided by Luton rail station. Tenure is Freehold.