2023 - HMO 6, Luton
Project Details
Purchase Method: Open Market
Purchase Price: £275,000
Value 2023: £350,000
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Freehold
Bedrooms: 5
Receptions: 1
Bathrooms: 3+2 Showers
Parking: 2
Garden: 40 ft
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Our 6th HMO in the LU2 area of Luton that we know so well. We created this fantastic, modern, bright 5 bedroom HMO in 4 months, bringing our HMO tenancy count in Luton to a total of 33.
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The house was completely renovated throughout with new electrics, plumbing & heating and our usual quality of finishes and colour scheme. Of the 5 rooms, 4 have their own fully tiled shower cubicles with two having a full ensuite.
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We decided that instead of adding a small extension to provide a 6th bedroom, we’d make a large “Room for couples” by converting the garage and utility room to create a large bedroom with ensuite. Which has proved hugely popular, generating £900 per month for this room alone.
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