• Freehold Residential Portfolio +
• Located In High Town Luton +
• 3 Buildings 9 Self Contained 1 Bedroom Flats +
• Close To University Of Bedfordshire And Mainline Station +
• Fully Let Income Producing Asset +
• Established Professional Tenant Base +
• Current Rental Income £77,100 Per Annum +
• No HMO Licensing Requirements +
• Reversionary Potential To Approx £84,600 Per Annum +
• Sold As A Single Lot Investment Opportunity +

Freehold Residential Investment Portfolio 253–259 High Town Road, Luton A substantial freehold portfolio comprising three adjoining buildings and nine self contained one bedroom flats, offered for sale as a single lot. The portfolio provides immediate income with further reversionary potential. Asset Overview • 9 x self contained one bedroom flats
• EPC ratings C and D
• Mixture of gas central heating and electric systems
• Combination of long term and recently renewed tenancies
• Predominantly professionally managed
• No major structural issues reported Property Breakdown 253 High Town Road – 3 x one bedroom flats
257 High Town Road – 4 x one bedroom flats
259 High Town Road – 2 x one bedroom flats All units are self contained and let on residential tenancies. Income Profile Current gross income approximately £77,100 per annum. Several units are below prevailing market rent levels, providing clear scope for phased rental growth. Estimated fully adjusted income approximately £84,600 per annum. All units are sold with tenants in situ. Location Situated in the High Town area of Luton, within close proximity to the University of Bedfordshire, Luton town centre and mainline rail services to London. High Town remains a consistently performing residential rental location with strong demand from working professionals. Additional Information Floor plans and detailed tenancy information available upon request.
Proof of funds required prior to viewings. Guide Price £1,050,000 EPC rating: D. Tenure: Freehold,