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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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