High‑Income HMO - Luton

High‑Income HMO with Built‑In Value‑Add Potential

A fully operational five‑bed licensed HMO located in a high‑demand rental area of Luton. The property is well‑configured for multi‑let use, offering five established rooms, communal spaces, and compliant safety features.

With a light refurbishment of approximately £11,000, the layout has the potential to be re‑optimised into a six‑bed HMO, increasing rental capacity and enhancing long‑term returns.

This makes the asset attractive both as a turnkey income‑producing HMO and as a value‑add opportunity for investors seeking uplift.

Key Figures
• Purchase Price: £300,000
• Market Valuation (GDV): £325,000
• Refurbishment Required: £11,000
• Monthly Rent: £2,550
• Fee: £4000

Cashflow Metrics
• Yield: 9%
• ROCE: 14%
• Monthly profit: £1,273
• Annual Profit: £15,286

Why This Opportunity Stands Out
• Existing five‑bed HMO generating strong monthly income
• Potential to convert to six rooms, increasing rental uplift and ROI
• Low refurbishment requirement for additional value creation
• Strong, consistent demand for multi‑let accommodation in LU1