5 Bed HMO, Luton, LU2 9LG, £325,000

49 Brendon Avenue, Luton, LU2 9LG - 1 views - a year ago

Sold STC
HMO
ROI: 5%
108

ValuationUndervalued











Cashflows























Property History

Listed for £325,000

November 19, 2023

Sold for £222,000

2015

Sold for £162,000

2006

Floor Plans

Description

  • Nova Estate Agents +
  • Excellent investment opportunity +
  • 5 Bedrooms +
  • HMO Licensed +
  • £30,000PA approx income +
  • Close to Luton airport and parkway station +
  • Potential to build further accommodation (stpp) +

Presenting a fantastic investment opportunity on Brendan Avenue, this spacious 5 bedroom house operates as a House of Multiple Occupancy (HMO) with all 5 rooms currently let. Spanning three floors, the versatile layout caters well to its current use.

On the ground floor, a generously proportioned double bedroom exceeds the average size. There is a convenient downstairs W.C and a separate shower room. The first floor hosts a communal area and a well equipped kitchen, providing a comfortable shared space. A further double bedroom is situated on this level. Ascending to the third floor, 2 double bedrooms, 1 single bedroom, and convenient shower room, ensuring ample living space for all occupants.

Noteworthy features include double glazing and gas central heating and a substantial driveway, providing convenient parking for residents.

A unique aspect of this property is its potential for expansion. The rear garden offers the opportunity to build another dwelling, such as an annex or a self-contained abode (stpp). This addition could have its own access from the parallel road on Fermor Crescent, enhancing the property's flexibility, value and your income.

With a strategic location, practical amenities, and promising potential, this property on Brendan Avenue stands as an attractive investment for those seeking a thriving HMO opportunity with room for growth.

Agent Details

Nova Estate Agents, Luton

01582 377133

Next Steps?

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