2-bedroom terraced house · LU2 9DL
Listing removedListed 41 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mantons lettings are pleased to offer for rent this very impressive two bedroom terrace home located in Wigmore Fields, available to move into immediately for £1,300.00 per month.
Recently decorated throughout to a contemporary theme with newly installed carpets & blinds, modern kitchen with appliances & allocated parking.
In brief the property comprises; Entrance hall with with stairs rising to the first floor, cloakroom, living room with patio doors opening to the rear garden, fitted kitchen with gas hob, electric oven, extractor fan, washing machine & fridge/freezer.
Two double bedrooms, master bedroom with built-in wardrobes & a modern bathroom suite occupy the first floor.
Further benefits include; Double glazed windows & doors, enclosed South/East facing rear garden with paved patio & gas central heating serviced via a combination boiler.
Contact Mantons Lettings for further information or to arrange a viewing.
Additional information EPC Rating tbc Council Tax Band C Available to rent immediately Deposit £1500.00 (5 weeks rent) Holding deposit £300.00 (1 weeks rent) Unfurnished.
Client Money Protect Scheme (cmp) member number CMP005252 The Property Ombudsman (TPO) member number D12281 Location Positioned in a cul de sac on the poplar 'Wigmore fields' development, constructed in 2012.
The location offers excellent transport links with London Luton Airport, Junction 10 of the M1 motorway & Luton Parkway ThamesLink train station all within easy reach.
'Asda' supermarket is a short drive whilst the Primary school 'Someries' and High school 'Queen Elizabeth' are both within walking distance.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 35, Someries Hill, Luton
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