3-bedroom terraced house · LU1 5EX
Sold STCListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exclusive to PR Property - Offered with the benefit of no upper chain, this deceptively spacious home on Russell Rise offers an exceptional, high-yield opportunity for investors or a perfect setup for growing families.
Spanning over 1,020 square feet, the highly versatile layout currently features two large reception rooms and three genuine double bedrooms.
Crucially, the bay-fronted lounge is perfectly set up to be utilised as a fourth bedroom, with a separate dining room and a large kitchen/breakfast room completing the ground floor.
The property also benefits from a modern family bathroom on the first floor, a highly practical ground floor guest WC, and a private rear garden.
Positioned in a prime rental location, it is ready to rent immediately to a family at approximately £1,650 PCM, or offers superb HMO conversion potential (subject to licensing) to generate an impressive income of £2,400 PCM.
EPC Rating: D Lounge / Bedroom 4 3.35m x 3.96m Dining Room 3.35m x 3.35m Kitchen / Breakfast Room 2.69m x 4.88m Bedroom 1 3.48m x 4.95m Bedroom 2 2.9m x 3.53m Bedroom 3 2.44m x 3.05m
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Russell Rise, Luton, LU1
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