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£925,000

9 bed block of flats for sale
Cheapside, Luton, Bedfordshire LU1

    • 9 beds

    • 9 baths

Chain free
Freehold
Reduced on 03/11/2025

About this property

  • Freehold

  • Multiple occupancy house

  • Fully licensed

  • Rental income

  • Wheelchair accessible

Freehold, fully licensed HMO (House in Multiple Occupation) mid-terrace property, classified as sui generis. Offering a strong rental income, this investment opportunity comprises 9 generously sized en-suite bedrooms and a self-contained 1-bedroom basement apartment.

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.

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Monthly repayment

£4,627 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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