Description

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.

No. of Assets 3

No. of Units 33 residential flats and 1 commercial unit

Occupancy 85%

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 1hour 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

65 Ashburnham Road, Luton

Just 0.5 miles separate the property from Luton Town Centre, which is located nearby on a residential road with stores and other services. It is simple to access Brantwood Park's wide-open expanses. The Luton rail station has transportation connections.

• Flat 1 - EPC E Rating 26sqm
• Flat 2 - EPC TBC rating TBC Sqm
• Flat 3 - EPC E rating 16 Sqm
• Flat 4 - EPC D rating 23 Sqm
• Flat 5 - EPC D rating 30 Sqm
• Flat 6 - EPC E rating 24 Sqm

Viewing highly recommended

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