Located on the sought-after Lansdowne Road in Luton, this expansive nine-bedroom property, previously utilized as a care home, spans over 3,000 square feet and presents a unique investment prospect. The accommodation is both substantial and adaptable, featuring nine generously sized bedrooms along with four bathrooms and three large reception areas. This layout provides numerous possibilities for its use, whether for continued care services, a house in multiple occupation (HMO), or potential conversion into other residential formats, subject to obtaining necessary permissions.
The spacious bedrooms contribute to an attractive living environment for tenants or residents, while the ample communal spaces allow for diverse living arrangements or office setups. The expansive rear garden enhances the property's appeal by offering notable outdoor space with further development opportunities.
There is prior planning approval for a double-storey extension, which reflects the potential for significant enhancement of the already considerable footprint. The property is conveniently located near Luton Town Centre and offers easy access to transport links, local amenities, and educational institutions, positioning it well to attract strong tenant interest.
With an estimated rental yield of approximately £7,000 per calendar month, this property stands out as an excellent option for investors pursuing high-return assets in a desirable area. Viewing is recommended to truly understand the scale and diverse possibilities available within this property.
