Property photos
Freehold
Offers over
£1,100,000
Block of flats for sale
Cheapside, Luton LU1Local area information
Property location
Nearby amenities
- Luton Pentecostal Church Christian Academy 0.1 miles
- Luton 0.1 miles
- Chiltern Learning Academy 0.3 miles
- Luton Airport Parkway 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Luton to find out more about the local area.
Features and description
- Freehold
Executive Summary
Venture Commercial is pleased to introduce this freehold, fully licensed HMO mid-terrace Property, classified as Sui Generis – House in Multiple Occupation (HMO). Offering a strong rental income, this investment opportunity comprises 9 generously sized en-suite bedrooms and a self-contained 1-bedroom basement apartment, providing a well-organised layout designed for tenant comfort.
The HMO rooms vary in size from approximately 172 sq ft to 613 sq ft, while the self-contained 1-bedroom apartment offers approximately 673 sq ft of living space.
The ground floor features bedrooms 1 to 4, a spacious communal kitchen, and direct access to a rear car park accommodating approximately 5 vehicles. Bedrooms 5 to 7 are located on the first floor, while bedrooms 8 and 9 are on the second floor.
Each bedroom and the basement apartment are independently metered for utilities, payable by the tenants. Thoughtfully furnished by the current owner, every room includes a bed, bedside cabinets, a wardrobe, and a fridge-freezer, adding to its tenant-ready appeal.
Fully occupied with rental rates ranging between £595 and £850 per month, the Property generates an annual income of £83,460. With rental rates unchanged since initial occupancy, there is potential for future increases, further enhancing its investment prospects.
Location
Cheapside is perfectly positioned in the heart of Luton, within walking distance of the town centre, offering a wide range of amenities including shops, restaurants, cafes, and essential services such as supermarkets and medical facilities. The area is well-served by local transport links, making it a highly accessible location for both residents and tenants.
Luton Railway Station is just a short walk away, providing fast and direct connections to London, Bedford, and beyond. The M1 motorway is also easily accessible, ensuring seamless travel to major road networks. Luton Airport, one of the UK’s busiest airports, is only a short drive away, offering excellent travel options for both domestic and international flights.
Dont miss out on this exceptional investment. Contact Venture Commercial today on for further information or to arrange a viewing.
Venture Commercial is pleased to introduce this freehold, fully licensed HMO mid-terrace Property, classified as Sui Generis – House in Multiple Occupation (HMO). Offering a strong rental income, this investment opportunity comprises 9 generously sized en-suite bedrooms and a self-contained 1-bedroom basement apartment, providing a well-organised layout designed for tenant comfort.
The HMO rooms vary in size from approximately 172 sq ft to 613 sq ft, while the self-contained 1-bedroom apartment offers approximately 673 sq ft of living space.
The ground floor features bedrooms 1 to 4, a spacious communal kitchen, and direct access to a rear car park accommodating approximately 5 vehicles. Bedrooms 5 to 7 are located on the first floor, while bedrooms 8 and 9 are on the second floor.
Each bedroom and the basement apartment are independently metered for utilities, payable by the tenants. Thoughtfully furnished by the current owner, every room includes a bed, bedside cabinets, a wardrobe, and a fridge-freezer, adding to its tenant-ready appeal.
Fully occupied with rental rates ranging between £595 and £850 per month, the Property generates an annual income of £83,460. With rental rates unchanged since initial occupancy, there is potential for future increases, further enhancing its investment prospects.
Location
Cheapside is perfectly positioned in the heart of Luton, within walking distance of the town centre, offering a wide range of amenities including shops, restaurants, cafes, and essential services such as supermarkets and medical facilities. The area is well-served by local transport links, making it a highly accessible location for both residents and tenants.
Luton Railway Station is just a short walk away, providing fast and direct connections to London, Bedford, and beyond. The M1 motorway is also easily accessible, ensuring seamless travel to major road networks. Luton Airport, one of the UK’s busiest airports, is only a short drive away, offering excellent travel options for both domestic and international flights.
Dont miss out on this exceptional investment. Contact Venture Commercial today on for further information or to arrange a viewing.
Floor plans and tours
Floor plans (1)
More information
Listed by
Venture Commercial
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Venture Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Venture Commercial for full details and further information.