This four-bedroom bungalow located in the desirable Maidenhall area of Luton presents an excellent investment opportunity. Currently tenanted, it generates a steady rental income of £1,100 per month, making it an appealing choice for investors looking to enhance their portfolio with a property that offers immediate financial returns. While the property is habitable, it requires substantial updates throughout. This need for modernization provides a unique chance for the new owner to realize considerable value through renovations. The spacious layout includes four genuine double bedrooms, a reception room, and a single bathroom that could be transformed into more contemporary spaces to attract high-quality tenants or future buyers.
The large rear garden adds further potential, whether through landscaping or possible extensions (subject to planning permission) to maximize living space or additional bedrooms. This aspect can significantly elevate the property's value in a competitive rental market.
Maidenhall is well-regarded for its community-oriented atmosphere and offers access to local amenities, schools, and transport links. With proximity to Luton’s mainline railway station and the M1 motorway, commuting to London is convenient—ideal for families and professionals alike. This chain-free sale promises an uncomplicated process, which is particularly advantageous for cash investors seeking efficiency in transactions.
In summary, this bungalow not only holds promise due to its location and tenancy but also presents extensive renovation opportunities that can greatly enhance both rental yield and resale value. The upcoming Open House event on 18th September 2025 will provide an optimal time for interested parties to visualize the potential this property holds.