Rare Dual Property – High Yield Potential
 Luton, LU2
Offers in excess of £549,999

Property Information

  • Reference number idpr_995570080
  • Property Type Terraced House
  • Off-road Parking Yes
  • On-road Parking Yes
  • Full Double Glazing Yes
  • Large Gardens Yes
  • Market infoMarket info

Property description

High-Yield Investment Opportunity – Dual Property Acquisition in Luton

An exceptional opportunity to acquire two income-producing residential properties in the strong and consistently performing rental market of Luton. Offered as a single lot, this investment provides immediate rental income alongside clear potential for yield enhancement and long-term capital growth.

47 Baker Street is a three-bedroom end-of-terrace property, well suited to family letting and capable of achieving an estimated rental income in the region of £1,200–£1,400 per calendar month, equating to approximately £14,400–£16,800 per annum. 

3 Edward Street, a larger four-bedroom property, offers increased income potential with estimated rental figures of £1,600–£1,900 per calendar month, generating approximately £19,200–£22,800 per annum. Combined, the properties present a projected gross annual income of £33,600–£39,600.

Based on current market conditions in Luton, this equates to an estimated gross yield in the region of 6%–8%, with further scope to increase returns through refurbishment, rental optimisation, or alternative letting strategies such as HMO (subject to necessary consents). Both properties are positioned in areas with strong tenant demand, supported by excellent transport links and local amenities, ensuring consistent occupancy and long-term investment stability.

Property additional info

Baker Street Bedroom 2
12'3" x 8'7"
Baker Street Bedroom 3
18'9" x 7'11"
Baker Street Front Room
12'2" x 7'9"
Baker Street Living Room
10'1" x 12'1"
Baker Street Kitchen
11'11" x 7'11"
Baker Street Bathroom
5'1" x 7'11"
Edward Street Front Room
11'04'' x 14'10''
Edward Street Living Room
11'10'' x 11'10''
Edward Street Kitchen
11'01 x 10'04''
Edward Street Bathroom
5'00'' x 6'06''
Edward Street Bedroom 1
10'11'' x 8'06''
Edward Street Bedroom 2
1'04'' x 11'11''
Edward Street Bedroom 3
8'01'' x 11'04''
Edward Street Bedroom 4
9'03'' x 4'06''

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Tax Band % Taxable Sum Tax
less than £250k 0
£250k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12

Additional Property

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Purchase Price

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Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £250k 3
£250k to £925k 8
£925k to £1.5m 13
rest over £1.5m 15

First Time Buyer

Purchase Price

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Effective Rate
00.00 %
Tax Band % Taxable Sum Tax
less than £425k 0(5)**
£425k to £625k 5
£625k to £925k 5
£925k to £1.5m 10
rest over £1.5m 12
*If the price is over £625,000, you cannot claim the relief. Follow the rules for people who’ve bought a home before.

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