6-bedroom house · LU1 5ES
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Venture Commercial are pleased to present this well-maintained six-bedroom mid-terrace property, licensed as a House of Multiple Occupation (C4) under reference (21/00804/lawp), located in the highly sought-after area of Russell Rise, Luton.
Recently refurbished to a high standard, this property offers a stylish and comfortable living environment, making it an ideal choice for both investors and tenants.
Spanning three spacious floors, the property boasts six generously sized double bedrooms, each with its own modern ensuite bathroom, ensuring privacy and convenience for all tenants.
The property's thoughtful design strikes the perfect balance between personal space and communal living, catering to professionals and students alike.
At the heart of the property is the fully equipped communal kitchen, featuring modern appliances and ample storage space, creating a functional and welcoming area where tenants can cook and socialise.
Additionally, the kitchen opens onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings.
The property currently generates an rental income of £57,000 per annum (inclusive of utilities and outgoings), with each room let on an individual HMO basis.
Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity.
This well-appointed home provides a fantastic prospect for investors seeking a high-performing HMO in a prime location, with excellent transport links and a range of local amenities ensuring continuous tenant demand.
Contact us today to arrange a viewing or for further information on this exceptional property in Russell Rise, Luton.
Location Situated in the vibrant and well-connected area of Russell Rise, Luton, this property benefits from an excellent location with easy access to a wide range of local amenities.
Just a short distance from Luton Train Station, with direct rail links to London within 40 minutes and other major cities, making it ideal for commuters.
The property is also well-served by major road links, including the nearby M1 motorway, allowing for easy travel to both the north and south of the country.
The area offers a variety of supermarkets, shops, and dining options, providing everyday conveniences within close proximity.
Local bus services further enhance connectivity, ensuring easy access to surrounding areas and the wider Luton region.
This prime location combines urban convenience with superb transport links, making it a highly desirable choice for tenants.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Russell Rise, Luton
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