Description

FOR SALE – PRIME FREEHOLD MIXED-USE INVESTMENT
183B Marsh Road, Luton

 £360,000 – Open to Sensible Offers

An excellent opportunity to acquire a fully let freehold mixed-use investment in a prominent position along Marsh Road, one of Luton’s established and busy retail parades. This income-producing asset provides immediate returns and long-term investment security.

The property comprises a ground floor commercial unit let to a nationally recognised estate agency and a spacious self-contained two-bedroom duplex flat above.

Ground Floor Commercial Unit

• Approx. 116 sq. metres (1,249 sq. ft.)
• Let to Spicerhaarts (trading as haart Estate Agents)
• 5-year lease from 01/09/2022 to 30/09/2027
• Current rent: £16,900 per annum (paid quarterly)
• EPC Rating: C

Self-Contained Duplex Flat (First & Second Floor)

• Two-bedroom duplex apartment
• Approx. 83 sq. metres (893 sq. ft.)
• Managed by Taylors Letting Agents
• Assured Shorthold Tenancy
• Long-term tenant in situ (approx. 20 years)
• Current rent: £650 per month (£7,800 per annum – inclusive of water rates)
• EPC Rating: E

Approximate Room Sizes (Flat):

• Lounge: 20.705 ft x 15.046 ft (approx. 311.53 sq. ft.)
• Kitchen: 12.195 ft x 9.964 ft (approx. 121.51 sq. ft.)
• Bedroom One: 9.931 ft x 17.989 ft (approx. 178.65 sq. ft.)
• Bedroom Two: 10.082 ft x 10.367 ft (approx. 104.53 sq. ft.)

Investment Summary

• Total Income: £24,700 per annum (£16,900 commercial + £7,800 residential)
• Gross Yield: Approx. 6.86% at asking price
• Freehold Title
• Separate electricity supplies
• No gas
• Shared water meter

Location
Marsh Road is a well-established and thriving retail parade within Luton, serving a densely populated residential catchment. The area benefits from strong transport links and sustained commercial demand, making it a proven location for both retail and residential occupancy.

Why This Investment Works

• Fully let – income from completion
• National commercial covenant
• Long-standing residential tenant
• Mixed-use diversification
• Prime parade position
• Freehold ownership

For Further Information or Viewings
Sabbi Bains - 07894 414046
Sam Bains - 07850 520642

An ideal opportunity for investors seeking a secure, diversified income stream with potential for future rental growth. Early enquiries are strongly recommended.