St. Margarets Avenue

Luton

66semi-detached house
OIEO:£475,000
Property EPC Chart

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Property details

Key features

  • Six Good Size Bedrooms
  • Saints Area
  • En - Suite To All Rooms
  • £55,000 A Year Income
  • Off Street Parking
  • Fully Licensed HMO
  • Close To Leagrave Train Station

Council Tax Band:

C

Tenure:

Freehold

We are delighted to be selling this 6-bedroom fully licensed HMO property located in the Saints Area. This property is over three floors, to the ground floor there is a guest cloakroom, living/TV room and separate dining room, and to the rear you have a fully equipped communal kitchen, featuring modern appliances and ample storage space with separate laundry/utility room creating a functional and welcoming area where tenants can cook and socialise. Additionally, the kitchen, lounge/TV room and dining room all open onto a well-maintained rear garden, perfect for outdoor relaxation and social gatherings. The property's thoughtful design strikes the perfect balance between personal space and communal living catering to professionals.
The Ground Floor also contains a storage room with potential for developing into a 7th bedroom (StP).
The first floor boasts four good sized double bedrooms, each with their own modern en suite ensuring privacy and convenience for all tenants.
The second floor offers a large double bedroom with WC/basin and separate shower room, and additional storage.

The property currently generates an rental income of £55,000 per annum (inclusive of utilities and outgoing's), with each room let on an individual HMO basis. Offering strong rental yields in a thriving market, this property represents an excellent investment opportunity!


Entrance Hall
Door to front.

Bedroom Six
12' 9" x 10' 3" into bay ( 3.89m x 3.12m into bay )
Double glazed bay window to front. Radiator.

En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Extractor fan. Fully tiled.

Storage Room
13' 7" x 8' 5" ( 4.14m x 2.57m )
(Potential Bedroom 7)
Current used as storage room. Double glazed window and door to front. Radiator. Access to hall.

Lounge / Tv Room
13' 7" x 9' 5" ( 4.14m x 2.87m )
Double glazed door to rear garden. Access to hall. Open plan into kitchen area.

Kitchen
14' 1" x 7' 3" ( 4.29m x 2.21m )
Fitted with wall and base units. Stainless steel sink drainer. Work surfaces. Gas hob. Electric oven. cooker hood. Splashback tiling. Plumbing and space for appliances. Spot lights. Access to utility room.

Utility Room
6' 4" x 6' 1" ( 1.93m x 1.85m )
Fitted with base units. Plumbing and space for appliances. Double glazed window to rear

Dining Room
8' 5" x 8' ( 2.57m x 2.44m )
Double glazed window and door to rear.

Cloakroom
Fitted with low level wc. Wash hand basin. Storage cupboard.

Hall
Stairs rising to first floor.

First Floor Landing


Bedroom Two
10' 8" into bay x 10' ( 3.25m into bay x 3.05m )
Double glazed bay window to front. Radiator.

En Suite
Fitted with low level wc. Wash hand basin. Corner shower cubicle. Heated towel rail. Fully tiled. Extractor fan. Double glazed window to front.

Bedroom Three
10' 8" x 8' 5" ( 3.25m x 2.57m )
Double glazed window to front. Radiator.

En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.

Bedroom Four
14' 4" x 10' 9" ( 4.37m x 3.28m )
Double glazed bay window to rear. Radiator.

En Suite
Fitted with low level wc. Wash hand basin. Corner shower cubicle. Heated towel rail. Fully tiled. Extractor fan.

Bedroom Five
Irregular Shaped Room 14' 4" x 9' 4" ( 4.37m x 2.84m )
Double glazed bay window to rear. Radiator.

En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.

Second Floor Landing
Stairs rising from first floor. Storage cupboard. Skylight window

Bedroom One
18' 4" x 14' ( 5.59m x 4.27m )
Double glazed window to rear. Sky light window. Radiator. Storage cupboard.

En Suite
Fitted with low level wc. Wash hand basin. Shower cubicle. Heated towel rail. Fully tiled. Extractor fan.

Outside


Front Garden
Brick paved driveway providing off street parking

Rear Garden
Enclosed by panelled fencing. Paved patio area. Flowerbeds.

Utilities, rights & restrictions

Utility Supply:

  • ElectricityMains Supply
  • WaterMains Supply
  • HeatingGas Central
  • BroadbandFTTP
  • SewerageMains Supply

Rights & Restrictions:

  • Private rights of wayContact branch
  • Public rights of wayContact branch
  • Listed propertyContact branch
  • RestrictionsContact branch

Risks:

  • Flooded in last 5 yearsContact branch
  • Flood defencesContact branch
  • Source of floodContact branch

Guidance Notes

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(1) MONEY LAUNDERING REGULATIONS Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. (2) These particulars do not constitute part or all of an offer or contract. (3) The measurements indicated are supplied for guidance only and as such must be considered incorrect. (4) Potential buyers are advised to recheck the measurements before committing to any expense. (5) We have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. (6) We have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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By submitting this form, you acknowledge that your data will be processed by Connells Limited for the purposes of providing the service and/or product you have requested. Personal data will be processed in accordance with the Data Protection Act 2018 and all other applicable data protection law and regulation. Full details of how we may process your data can be found in our Privacy Notice

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Our handy mortgage calculator helps you to estimate what your monthly repayments could be. * Terms and conditions apply. Please be aware, these results are for illustrative purposes only and should not be considered as a mortgage quote. These are based on a repayment mortgage and may vary depending on the term and interest rate of your mortgage. Lender fees may also be applicable. If you would like guidance on the right mortgage for you, we recommend booking a mortgage appointment and speak to one of our mortgage consultants who will be more than happy to help. ** The 4.19% annual interest rate is based on the Connells Group average mortgage interest rate taken from this year YTD and is correct as at 29/01/26. Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.

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PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. *THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 31/12/2024 AND IS CORRECT AS AT 13/02/2025.

Any fees payable will be explained in your initial no-obligation appointment, before you choose whether to use our Mortgage Services.