50 Cheapside Retail FOR SALE


Luton, BDF
$1,100,000 USD
158-295-7591
, Luton, BDF for Sale
$1,100,000 USD
Retail - FOR SALE
1/10
null | 7.59% Cap Rate

50 Cheapside
Luton, BDF


HIGHLIGHTS

  • Town centre location
  • Neighboured by Luton Point Shopping Centre
  • Good public parking options

OVERVIEW

Freehold, fully licensed HMO (House in Multiple Occupation) mid-terrace property, classified as sui generis. This investment opportunity comprises 9 ensuite bedrooms and a self-contained 1bedroom basement apartment. Fully occupied with rental rates ranging between £595 and £850 per month, the property generates an annual income of £83,460. With rental rates unchanged since initial occupancy, there is potential for future increases, further enhancing its investment prospects.

ASK ABOUT THIS PROPERTY

Sean SumbilloStimpsons EvesMore Info
158-295-7591

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Sean SumbilloStimpsons EvesMore Info
158-295-7591

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.