Detached house for sale in Biscot Road, Luton, Bedfordshire LU3

Portfolio for sale biscot road with land to rear of property

Includes three large freehold residential properties, under 1 acre of land to the rear
Total of 27 residential flats – consisting of 1 & 2 Bed Flats Studios
• Established residential area of Luton, Bedfordshire
• Luton mainline Railway within 1 mile
• 1 mile off Junction 10 of M1 Motorway

Please see EPC for sizes of flats and studios

Freehold: £1,890,000.00

The portfolio includes Three freehold residential properties. The properties are geographically located in popular residential areas of Luton and are commutable to Central London. The portfolio provides an incoming investor with the opportunity to acquire a high-quality portfolio with low operating costs, a low entry price point into the residential market, an attractive initial yield, and excellent yield potential.

The portfolio presents an attractive opportunity to acquire an efficient and high-quality rental platform that is expected to generate both rental and capital growth in the coming years. Currently achieving rental income of £150,000.00 per annum

No. Of Assets 3
No. Of Units 27 residential flats

Location

Luton is a vibrant market town and has a high population growth rate.
The majority of the population is between the ages of 25 and 74. Wholesale/retail trade, human health, and social work activity are major employment sectors. Over a quarter of the population rents privately.

Approximately a 1 hour drive to London or a 30 minute train ride from Luton to St Pancras International Station.

Luton is conveniently accessed via junction 10 and 11 off the M1 motorway making it easy to get to access Luton.

23 - 25 Biscot Road Luton

23 - 25 Biscot Road has 16 flats ample parking at the back of the houses for tenants, as well as a large garden communal area at the back

All of the flats are of moderate size and character, with carpeted and wood flooring. All have their own bathrooms, which are generally of good size and currently have electric showers.

All flats are currently rented to tenants.

Flat 1 EPC D rating 38sqm
Flat 2 - EPC D rating 38sqm
Flat 3 - EPC D rating 38sqm
Flat 4 - EPC C rating 25sqm
Flat 5 - EPC D rating 38sqm
Flat 6 - EPC C rating 22sqm
Flat 7 - EPC D rating 38sqm
Flat 8 - EPC C rating 27sqm
Flat 9 - EPC C rating 21sqm
Flat 10 - EPC tbc rating 24sqm
Flat 11 - EPC E rating 29 sqm
Flat 12 - EPC F rating 37sqm
Flat 13 - EPC D rating 44sqm
Flat 14 - EPC G rating 39sqm
Flat 15 - EPC E rating 32sqm
Flat 16 - EPC C rating 24sqm

27 Biscot Road, Luton

27 Biscot Road has 11 Flats all tenanted, with ample parking at the back of the houses for tenants. All of the flats are of moderate size and character, with carpeted and wood flooring. All have their own bathrooms, which are generally of good size and currently have electric showers.

Flat 1 - EPC D rating 27 sqm
Flat 2 – EPC C rating 26 sqm
Flat 3 - EPC C Rating 29 Sqm
Flat 4 - EPC D Rating 18 Sqm
Flat 5 - EPC C Rating 24 Sqm
Flat 6 - EPC C Rating 26 Sqm
Flat 7 - EPC C Rating 21 Sqm
Flat 8 - EPC C Rating 24 Sqm
Flat 9 - EPC D Rating 25 Sqm
Flat 10 - EPC C Rating 21 Sqm
Flat 11 - EPC C Rating 21 Sqm