Esquire Estates says ..
Esquire estates are delighted to bring to the market this 6 BEDROOM HMO set on the popular Hitchin Road in Luton. The property has been refurbished and offers a 'ready to go' investment opportunity. The property briefly comprises; entrance hallway, communal kitchen, six bedrooms all with...
Property Oracle says ..
This property is a House of Multiple Occupation (HMO) located on Hitchin Road in Luton, Bedfordshire. The list price is £500,000 for a 1,246.10 sqft property with 6 bedrooms and 6 bathrooms. The property benefits from a small rear garden. The average property price in the area is £282,652, with an average price per sqft of £276. This HMO is significantly above average in price, and given the condition and size, this may not represent good value for money. Nearby comparable properties are significantly cheaper, suggesting the asking price may be inflated. The location is close to transport links and schools, which is a positive aspect.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 1,246.10
- Lot (est)
- 1,647.80
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 186,429.00 £Decreased by 29.14 %
- Est sale value
- 267,911.50 £Decreased by 45.98 %
- Average area rental value
- 1,015.00 £/moDecreased by 9.62 %
- Est letting value
- 1,246.10 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.53 %Increased by 27.54 %
- Crime Rate
- 5.00 %Unchanged by 0.00 %
Agent Activity
Esquire Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Hart Hill Nursery School | Local Authority Nursery School | Good | 0.89 KM |
| Windmill Hill School | Free Schools Special | 0.91 KM | |
| Flying Start South @ Hart Hill Nursery School | Children's Centre Linked Site | 0.94 KM | |
| Sacred Heart Primary School | Voluntary Aided School | Good | 0.97 KM |
| St Matthew'S Primary School | Community School | Requires improvement | 0.97 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hart Lane | £ 485,000 | 0 | 0.00 KM |
| Kingston Road | £ 312,500 | 0 | 0.00 KM |
| Richmond Court | £ 160,000 | 0 | 0.00 KM |
| Derwent Road | £ 0 | 0 | 0.00 KM |
| Whitecroft Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton | 1536 | LUT | 1.51 KM |
| Luton Airport Parkway | 3645 | LTN | 2.11 KM |
| Leagrave | 1534 | LEA | 6.38 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Hitchin Road, Luton | £ 330,000 | BUY | 4 / 10 | 0.00 KM |
| Hitchin Road, Luton | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Hitchin Road, Luton, LU2 | £ 275,000 | BUY | 5 / 10 | 0.01 KM |
| Hitchin Road, Luton | £ 270,000 | BUY | 6 / 10 | 0.09 KM |
| Kenneth Road, Luton, Bedfordshire, LU2 | £ 360,000 | BUY | Unknown | 0.09 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 307 Hitchin Road | £ 67,500 | 0.00 KM |
| 297 Hitchin Road | £ 225,000 | 0.00 KM |
| 249 Hitchin Road | £ 133,000 | 0.00 KM |
| 285 Hitchin Road | £ 63,500 | 0.00 KM |
| 233 Hitchin Road | £ 231,000 | 0.00 KM |