Offers over
£360,000
4 bed end terrace house for sale
Stockingstone Road, Luton, Bedfordshire LU2Freehold
4 beds
2 baths
2 receptions
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
About this property
Chain Free
Two Self Contained Apartments
One Bedroom And Three Bedroom Apartment
Could Be Adapted To Create A Very Lucrative Hmo
When Fully Let Income To Be £2500 pcm Approx
Popular Round Green Location
Off Road Parking
Close To Luton Airport And All Major Transport Links
Stockingstone Road, Luton
Investment Opportunity in Luton House with Exciting Potential Are you searching for a property with promising investment potential? Look no further! This spacious house on Stockingstone Road, Luton, presents a rare opportunity to own a property with two self-contained apartments and the potential to generate substantial rental income. With its prime location and numerous desirable features, this investment opportunity shouldn't be overlooked.
Situated in the popular Round Green area, this property benefits from its proximity to Luton Airport and all major transportation links. The location ensures convenience for tenants and assures consistent demand for rental properties in the area. Two Self-Contained Apartments One of the key features of this property is the presence of not one, but two self-contained apartments. The first apartment comprises a comfortable one-bedroom layout, perfect for single professionals or couples. The second apartment boasts three well-sized bedrooms, catering to families or sharers. This unique feature allows for the potential of a high rental income or the opportunity to occupy one apartment and rent out the other to subsidize your mortgage. Potential for HMO Conversion For investors seeking maximum returns, this property offers the exciting possibility of converting it into a highly profitable House in Multiple Occupation (HMO). With the necessary adaptations, this property has the potential to accommodate multiple tenants, multiplying your rental income substantially. Take advantage of the rising demand for HMOs and secure a strong return on your investment.
The property features off-road parking, presenting an added convenience for tenants. Parking is often a sought-after amenity, and having this feature adds value and appeal to potential tenants, making it easier to secure long-term occupants and ensuring continuous rental income.
This property is available for purchase with no onward chain. This means a smoother and expedited buying process for interested buyers, allowing for a faster move-in or quicker execution of your investment plans. This house on Stockingstone Road is a rare investment opportunity with immense potential. Its prime location, self-contained apartments, and potential for a lucrative HMO conversion make it an exceptional prospect for investors and landlords. Don't miss your chance to own this property and secure a profitable venture in the thriving Luton property market. Schedule a viewing today and explore the possibilities that await you!
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More information
Listed by
Penrose Estate Agents