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5 bed terraced house for sale

£325,000 Offers over

Brendon Avenue, Luton LU2

5 bed terraced house for sale 5 2 1
Interested in this property? Call +44 1582 944057 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Nova Estate Agents
  • Excellent investment opportunity
  • 5 Bedrooms
  • HMO Licensed
  • £30,000PA approx income
  • Close to Luton airport and parkway station
  • Potential to build further accommodation (stpp)

Property description

Presenting a fantastic investment opportunity on Brendan Avenue, this spacious 5 bedroom house operates as a House of Multiple Occupancy (HMO) with all 5 rooms currently let. Spanning three floors, the versatile layout caters well to its current use.

On the ground floor, a generously proportioned double bedroom exceeds the average size. There is a convenient downstairs W.C and a separate shower room. The first floor hosts a communal area and a well equipped kitchen, providing a comfortable shared space. A further double bedroom is situated on this level. Ascending to the third floor, 2 double bedrooms, 1 single bedroom, and convenient shower room, ensuring ample living space for all occupants.

Noteworthy features include double glazing and gas central heating and a substantial driveway, providing convenient parking for residents.

A unique aspect of this property is its potential for expansion. The rear garden offers the opportunity to build another dwelling, such as an annex or a self-contained abode (stpp). This addition could have its own access from the parallel road on Fermor Crescent, enhancing the property's flexibility, value and your income.

With a strategic location, practical amenities, and promising potential, this property on Brendan Avenue stands as an attractive investment for those seeking a thriving HMO opportunity with room for growth.

Property info

Floorplan(s): Brendon Avenue.Jpg

Brendon Avenue.Jpg View original

Property value data/graphs for LU2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £559,254 £284 3.7 £447,055
Semi-detached £394,774 £279 3.0 £331,702
Terraced £325,831 £260 2.6 £278,809
Flats £196,581 £251 1.6 £162,570

Current asking prices in LU2

Average: £355,590
Avg. current asking prices in LU2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £192,499
(6)
£286,538
(26)
£372,803
(87)
£503,250
(60)
£691,500
(20)
Flats £168,023
(43)
£230,155
(55)
£213,333
(3)
£225,000
(1)
-
All £171,020
(49)
£248,253
(81)
£367,488
(90)
£498,688
(61)
£691,500
(20)

Current asking rents in LU2

Average: £1,305 pcm
Avg. current asking prices in LU2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £745 pcm
(11)
£1,392 pcm
(8)
£1,777 pcm
(19)
£2,082 pcm
(8)
£2,149 pcm
(4)
Flats £1,098 pcm
(40)
£1,514 pcm
(26)
- - -
All £1,022 pcm
(51)
£1,485 pcm
(34)
£1,777 pcm
(19)
£2,082 pcm
(8)
£2,149 pcm
(4)

Fun facts for LU2

Highest value in LU2
Highest value streets Zed-Index
Sunset Drive £749,870
Greenside Park £595,333
Clinton Avenue £576,436
Rotherfield £576,281
Ditton Green £567,266
Highest turnover in LU2
Highest turnover streets Turnover
Alwyn Close 61.5%
Gresham Close 50.0%
Nayland Close 40.0%
Pevensey Close 40.0%
Birtley Croft 40.0%
Arrange Viewing

For more information about this property, please contact
Nova Estate Agents, LU2 on +44 1582 944057 * (local rate)

Monthly running costs Beta

£1,532 Monthly total

Mortgage

Purchase price
Deposit (10%) 32,500
Repayment term 25
Interest rate 2.0
Your payment £1,239 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £43 Electricity £67 Estimated energy cost £110/mo

Similar properties could save up to £270

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 19100 kWh/year
Electricity: 4900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Luton

Estimated tax band C Council tax cost £144 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £21 Sewerage £18 Estimated water cost £39 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Nova Estate Agents about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nova Estate Agents, and do not constitute property particulars. Please contact Nova Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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