Suite 414, Jansel House
648 Hitchin Road
Luton
Bedfordshire
LU2 7XH
This property, situated on Ridgway Road, offers a lucrative opportunity for seasoned investors seeking to expand their portfolio. Currently operating as a House of Multiple Occupancy (HMO), all five rooms are currently leased, resulting in a commendable 8% rental yield with the potential for further growth.
The interior features an inviting entrance porch leading to a spacious hallway. The ground floor boasts a communal lounge area and a generously sized kitchen, providing ample cupboard space for residents. Two bedrooms, one large double and a single, complete the ground floor accommodations.
On the first floor, a further two double bedrooms, a single bedroom and a shared shower room are available, with the front facing larger room also featuring an additional shower room. Externally, the property offers a well maintained rear garden with laid lawn, while the front features a boundary wall and a path leading to the front door. Residents can benefit from permit parking at the front.
This property presents a hassle-free investment opportunity for those looking to enhance their portfolio and seamlessly take over the existing tenancies.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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