2 bed end terrace house for sale

Pomfret Avenue, Luton LU2

An excellent buy-to-let investment opportunity offered with vacant possession, providing investors with the flexibility to refurbish, secure new tenants and maximise returns. With the potential to achieve approximately £1,350 pcm, the property offers an impressive 10% gross rental yield once updated.

Requiring a programme of modernisation, this property presents an excellent value-add opportunity to increase both rental income and capital value. Situated in a popular rental location with excellent transport links and local amenities, it offers strong tenant demand and outstanding long-term investment potential.

Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.

Once your offer has been accepted, a £5,000 exclusivity deposit is required to secure the property. This deposit forms part of the final purchase price, it also forms as apart of the mortgage deposit if using a mortgage and is not an additional cost.

The reservation deposit ensures the property is immediately withdrawn from the market and reserved exclusively for you, helping to prevent gazumping, unnecessary delays and avoidable costs for both parties.

A non-refundable administration fee of £600 (including VAT) is also payable. This fee is separate from the purchase price and covers the administration required to prepare the legally binding agreement between the buyer and seller, granting you the exclusive right to purchase the property within the pre-agreed timeframe.

For cash buyers, searches and surveys must be indemnified in accordance with our Terms and Conditions.