SUMMARY: Discover an opportunity with this Luton shared living/flatmate for sale and available for £450,000 /Sale price. This could be your next ideal home or a smart investment. More details await.
Freehold Mixed-Use Investment Producing £33,600 Per Annum Prime Town Centre LocationSquare Quarters are pleased to present this substantial freehold mixed-use building for sale in the heart of Luton town centre, offering strong rental income and long-term
investment potential.Arranged over four floors and extending to approximately 1,486 sq ft (138 sq m), the property comprises a fully income-producing commercial and residential portfolio, all within a central and well-connected location.Investment Breakdown Ground Floor Commercial Office – Currently producing £12,000 per annum First Floor One Bedroom Flat – Currently producing £8,400 per annum Second & Third Floor Two Bedroom Duplex – Currently producing £13,200 per annumTotal Rental Income: £33,600 per annumAll units are currently let, providing an immediate income stream for investors.7.47% YieldAccommodationGround FloorSelf-contained commercial office unit with WC facilities and generous internal space, suitable for a range of professional uses.First FloorOne-bedroom self-contained flat comprising reception room, kitchen, double bedroom and bathroom.Second & Third FloorSpacious two-bedroom duplex apartment arranged over two floors, offering well-proportioned living accommodation.LocationWellington Street is centrally positioned within LU1, moments from Luton town centre amenities, The Mall shopping centre, and a wide selection of restaurants, cafes and local services.The property benefits from excellent transport links, including: Luton Railway Station within walking distance Direct trains to London St Pancras Easy access to the M1 (Junction 10 & 11) London Luton Airport nearbyThe area continues to benefit from regeneration and strong rental demand.Key Features Freehold title Mixed-use investment Fully income producing Prime central location Strong rental demand area Approx. 1,486 sq ft / 138 sq m Potential for rental growth (subject to market review)This is an excellent opportunity to acquire a centrally located freehold building with immediate income and long-term capital appreciation prospects.Early enquiries are highly recommended.