HMO 4, Luton Airport

2019 - HMO 4, Luton

Room 5 - £600 pcm

Large "L" Shape

Kitchen/Diner

Rear Extension

Room 3 - £450 pcm

Room 1 - £600 pcm

Room 1 - Ensuite

Front - Before

The garage has been converted to a habitable space & Room 6.

Project Details

Purchase Method: Open Market

Purchase Price: £255,000

Value 2022: £425,000

Freehold

Bedrooms: 6

Receptions: 1

Bathrooms: 1+5 Showers

Parking: 2

Garden: 80 ft

This prime rental location was purchased by Loop Lettings Ltd September 2018. Using bridging finance while we extended and refurbished this into a top end HMO right on top of Luton Airport.The 6 rooms have been fully occupied since completion in April 2019.

The HMO's Loop Lettings Ltd buy are planned to be a 20 year investment and then sold on as a family home. Or the option to be sold to investors as a going concern.

London Luton Airport has since announced that it is adding a 2nd terminal to increase the footfall at the airport and turn around times.

Note:

Further financial information on all of our previous developments is available to investors upon receipt of a signed NDA.