- Nova Estate Agents +
- Fantastic investment opportunity +
- Potential to seperate into two dwellings +
- Rental income of £3600+ achievable +
- Heavily extended +
- Close to train station and town centre +
- Large rear garden +
- Chain free! +
Exceptional investment opportunity on Dorel Close, presenting a 6 bedroom home with the potential for division into two separate properties. This property holds significant promise as a high-yield investment and the prospect of a fully operational HMO setup, offering a rental yield poised to approach 9%, with a potential annual rental income of £43,000+.
This heavily extended property features 6 bedrooms and the potential to convert an additional space into a 7th bedroom. It also provides the option of retaining existing tenants if preferred. The double story side extension can be used as an additional dwelling and was completed in the last few years to a high standard. The photo's show the like new condition of this part of the property.
The residence also encompasses a spacious living room/diner currently serving as a communal area, adaptable for repurposing as a secondary or primary living space should a residential conversion take place. To the front there is a large driveway for multiple cars and the rear garden is of a very good size. The home benefits from a combi gas boiler and double glazed windows.
The accommodation stands as a prime choice for housing professionals. Positioned conveniently, the property enjoys seamless access to the train station, local shops, Luton University, as well as excellent transport connections to Luton Airport, and the motorway.
An internal viewing is highly recommended!