Russell Rise, Luton

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Russell Rise, Luton

Situated within a short walk to the town centre is this large detached investment property offering a superb return on investment and huge potential for conversion into separate apartments subject to planning. Please note the current building works are incomplete and the property is being sold as seen. Currently the property has been extended and partly converted into a nine bedroom HMO style property. All room are laid out with en suite areas and are all double rooms. A separate communal living room/kitchen would serve all occupants. A side courtyard garden/parking area and block paved driveway to front could add value to the rooms. Rooms of this size and with the en suites would rent for £120 per week creating a potential annual income of £56,160. The property is in need of completing and would need investment to get it to a complete stage. The asking price is reflective of this. For further details please contact one of the team who would be happy to help!

  • Brilliant investment property
  • Walking distance to town centre
  • Property need finishing after part conversion into nine bedroom HMO
  • Asking price reflective of work still required
  • Once fully complete annual rental income of over £56,000 PA
  • Chain free and vacant

Notice

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9 bedroom  to buy in Russell Rise, Luton

Russell Rise

Offers in Excess of £425,000

Sold STC
Property:
Tenure: Freehold
Bedrooms: 9
Receptions: 1
Bathrooms: 9

Enquire about this property

9 bedroom  to buy in Russell Rise, Luton qrcode

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