- Two fully converted three-bedroom flats – Instant income of £3,400 per month +
- Outbuilding ready for conversion – Potential to add an extra £1,500 in rental income +
- Ideal for serviced accommodation – Proximity to Luton Airport and town centre attracts short-term tenants +
- Spacious living areas in both flats – Open-plan design perfect for modern living and entertaining +
- Generously sized bedrooms – Ample space for families, professionals, or serviced guests +
- Private enclosed gardens – Outdoor space for both flats, adding tenant appeal +
- Off-road parking – Convenient parking for residents or short-term guests +
- Strong transport links – Under a mile to Luton train station, 10 minutes to the airport, and close to M1 +
- High demand rental area – Well-located in Luton, with local schools, parks, and amenities nearby +
- Immediate investment return – No need for major work; start earning from day one with further growth potential +
Looking For A Solid Investment Opportunity With Strong Rental Potential? This property in Farley Hill, Luton, presents a unique chance to secure not just one, but two income-generating flats, with an added bonus of a substantial outbuilding ready for conversion.
Currently, the two three-bedroom flats are rented out as serviced accommodation, bringing in a combined total of £3,400 per month.
The Flats:
Both flats offer spacious layouts and have been designed with comfort and convenience in mind.
GROUND FLOOR |
The ground-floor flat features a large open-plan living space measuring 32' 6" x 9' 8" (9.91m x 2.95m), which seamlessly blends the lounge and kitchen areas. French doors and skylights flood the room with natural light, creating a bright and welcoming atmosphere.
The modern kitchen is well-equipped with a gas hob, electric oven, and space for all your essential appliances.
Three generously sized bedrooms, including one at 13' 3" x 11' 8" (4.04m x 3.56m), provide ample space for family living or guests.
The enclosed rear garden offers outdoor space that’s both private and practical, and there’s an off-road parking space available too.
FIRST FLOOR |
The first-floor flat also offers plenty of space with a similar airy feel.
The living room measures 14' 1" x 11' 9" (4.29m x 3.58m), and the kitchen, a comfortable 9' 8" x 8' 9" (2.95m x 2.67m), is equipped with a gas hob and electric oven, perfect for those who love to cook.
Three double bedrooms span across two floors, including a large 14' 7" x 9' 2" (4.45m x 2.79m) room on the second floor.
The flat has been freshly decorated throughout and comes with a modern fitted bathroom and additional toilet.
Additional Potential:
But what really elevates this property’s potential is the large outbuilding at the rear of the garden. Already connected to water, electricity, and plumbing, it’s ready to be converted into a two-storey unit of approximately 800 sq. ft. With some development work, this space could easily bring in an additional £1,500 per month in rental income.
Location:
Farley Hill is one of Luton’s most sought-after areas, known for its sense of community and excellent transport links. Luton town centre and the main train station are under a mile away, offering fast connections to London and beyond. Luton Airport is a mere 10-minute drive, and the M1 is easily accessible, making this location perfect for professional tenants, commuters, or those looking for short-term stays.
With a combined potential income of nearly £5,000 per month, this property offers both immediate returns and long-term investment growth. Whether you’re looking to expand your property portfolio or enter the serviced accommodation market, the opportunity here is undeniable.