9-bedroom semi-detached house · LU4 8JB
For saleListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description ***9 BEDROOM HMO INVESTMENT**** Huge investment opportunity with over £70,000 potential earnings and CHAIN FREE.
Land has exceptional plot to potentially to build (STPP) Investment Opportunity | 9-Bedroom HMO with Development Potential Conway Road presents an outstanding investment opportunity, offering both strong immediate income and significant future development potential.
This substantial property is arranged as a fully operational 9-bedroom HMO, with every bedroom benefiting from its own private en-suite, ensuring excellent tenant appeal and long-term demand.
The internal layout is well suited to professional HMO use, featuring two generous communal kitchens that comfortably accommodate multiple occupants while maintaining a high standard of shared living.
The property is currently generating an impressive surplus income of approximately £70,000 per annum, making it an attractive proposition for investors seeking robust and reliable returns.
A particularly rare and valuable feature of this property is the huge plot to the rear.
This land offers clear scope for the construction of an additional, separate dwelling, subject to the necessary planning consents.
Importantly, the rear plot benefits from independent access via Claremont Road, allowing for future development without disrupting the existing HMO, further enhancing the long-term value of the asset.
This is a compelling opportunity to acquire a high-performing HMO with immediate cash flow, combined with the potential to unlock further value through development in the future.
Early viewing is strongly recommended to fully appreciate the scale of the property, the income potential, and the exceptional development opportunity on offer.
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Value & comps
No previous sales on record.
Returns
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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 advisers 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 Conway Road, Luton, LU4
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