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Potential 4-Bed HMO, Luton, LU1 5EY £350,000

Hillborough Road, Luton, LU1 5EY - 6 views - a year ago
  1. Deal Search
  2. Luton
  3. LU1
  4. LU1 5EY
Sold STC
HMO
Outside Article 4
ROI: 3%
~110 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Luton
  • More Deals in LU1
  • More HMO Deals
  • More HMO Deals in Luton
  • More HMO Deals in LU1

Property History

Listed for £350,000

October 2, 2024

Floor Plans

Description

  • Detached in South Luton +
  • Three bedrooms +
  • Large basement currently being used as a Home Office +
  • Walking distance to all amenities of the town centre including Luton train station with excellent links into London +
  • Ideal HMO opportunity or buy to let investment +
  • Potential to extend and develop to rear (stpp) +
  • Two reception rooms +
  • Downstairs shower room +
  • Junction 10 of the M1 very close by +
  • Suitable for a family looking for comfort and convenience +

Are you in search of a property that offers both comfortable living space for a family or excellent investment potential? Look no further than this detached house on Hillborough Road in South Luton. With its three bedrooms, large basement area, and versatile layout, this property is an ideal opportunity for investors or those looking to create a thriving HMO. The property would also suit a growing family who wish to enjoy both comfort and convenience.

As you step inside, you are greeted by a welcoming hallway that leads you to the two generous reception rooms. These versatile spaces can be tailored to your needs, whether you prefer a formal living room, a cozy snug, or a separate dining area. The choice is yours. With the large windows allowing ample natural light to flood in, these rooms are perfect for both relaxing and entertaining.

The kitchen, located at the rear of the property, is well-appointed with plenty of storage and workspace. It offers the potential to be expanded into a modern and functional culinary haven. Adjacent to the kitchen is a convenient downstairs shower room and lean to, providing added convenience for residents and guests alike.

The basement level of the property is a welcoming bonus which has been converted into what is currently being used as a home office. This space is versatile and can be used in whatever manner a new owner see's fit with access gained externally from the rear garden or internally from the Dining Room.

Upstairs, you will find three spacious bedrooms, each offering a comfortable retreat. The layout provides ample scope to accommodate a range of lifestyles, whether you require a dedicated home office, a children's playroom, or a guest bedroom. The property also provides a modern, recently refitted three piece family bathroom off the large landing space.

Situated in South Luton, this property benefits from its close proximity to all the amenities of the town centre. Within walking distance, you will find a wide array of shops, supermarkets, restaurants, and entertainment options. Schools and parks are also nearby, making this location an ideal choice for families. Junction 10 of the M1 is also a short drive away and Luton mainline train station is within walking distance which provides swift and convenient access into London.

Investors will be pleased to know that the potential of this property goes beyond its current features. With its spacious layout and versatile rooms, it presents an opportunity to create a highly sought-after HMO setup or a lucrative buy-to-let investment. The demand for rental properties in Luton is steadily increasing, and this house perfectly meets the requirements of those seeking spacious and well-located accommodation.

Don't miss out on this fantastic chance to acquire a property with both comfortable living space and promising investment potential. Take the first step towards securing your future by contacting us today to arrange a viewing of this spacious three bedroom property in South Luton.

Suppliers- Water: Affinity Water Gas & Electric: Octopus Energy

The property is of standard construction.

Agent Details

Penrose Estate Agents, Luton

01582 377582

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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