Luton · LU4

Conway Road, Luton

Conway Road, Luton, LU4

£800,000 ↓ 5.9% For Salefreehold

Originally listed at £850,000

Agent's summary

Description ***9 BEDROOM HMO INVESTMENT**** Huge investment opportunity with over £70,000 potential earnings and CHAIN FREE. Land has exceptional plot to potentially to build (STPP) Investment Opportunity | 9-Bedroom HMO with Development Potential Conway Road presents an outstanding investment opportunity, offering both strong immediate income and significant future development potential.

Beds9
Baths7
Receptions1
TypeHouse
From Indigo Residential Sales & Lettings

The home, in the agent’s words

  • Over 2500 Square Foot
  • Access From Rear
  • Chain Free Accommodation
  • Heavily Extended
  • Management Company (if needed)
  • Great Investment opportunity
  • 9 Bedrooms with En-suites
  • Walking Distance To Local Shops
  • Over 10% Yield
Read the full agent description

Description
***9 BEDROOM HMO INVESTMENT****

Huge investment opportunity with over £70,000 potential earnings and CHAIN FREE. Land has exceptional plot to potentially to build (STPP)

Investment Opportunity | 9-Bedroom HMO with Development Potential
Conway Road presents an outstanding investment opportunity, offering both strong immediate income and significant future development potential. This substantial property is arranged as a fully operational 9-bedroom HMO, with every bedroom benefiting from its own private en-suite, ensuring excellent tenant appeal and long-term demand.

The internal layout is well suited to professional HMO use, featuring two generous communal kitchens that comfortably accommodate multiple occupants while maintaining a high standard of shared living. The property is currently generating an impressive surplus income of approximately £70,000 per annum, making it an attractive proposition for investors seeking robust and reliable returns.

A particularly rare and valuable feature of this property is the huge plot to the rear. This land offers clear scope for the construction of an additional, separate dwelling, subject to the necessary planning consents. Importantly, the rear plot benefits from independent access via Claremont Road, allowing for future development without disrupting the existing HMO, further enhancing the long-term value of the asset.

This is a compelling opportunity to acquire a high-performing HMO with immediate cash flow, combined with the potential to unlock further value through development in the future. Early viewing is strongly recommended to fully appreciate the scale of the property, the income potential, and the exceptional development opportunity on offer.

  • map (opens in a new window)

Additional Information
For more details please call us on 01582 847800 or send an email to tom@indigo-res.co.uk.

A feel for the area

Connected for everyday life

100%

of homes in the postcode can access 100+ Mbps broadband.

Available speed bands
30+ Mbps
100%
100+ Mbps
100%
300+ Mbps
100%
1,000+ Mbps
100%
Ofcom · Jan 2026 · postcode LU4 8JB · residential premises

Getting about

0.9 miles

to Luton Rail Station

Approximate straight-line distance · DfT NaPTAN · 13 Sept 2026

Background air quality

Fine particles · PM₂.₅
7.6 µg/m³ · Above the WHO guideline · well within the UK legal limit
Nitrogen dioxide · NO₂
12.8 µg/m³ · Above the WHO guideline · well within the UK legal limit

Annual background levels. For scale: the WHO 2021 guideline is 5 µg/m³ for PM₂.₅ and 10 for NO₂; the UK legal limit is 20 and 40. Lower is better; this is a 1 km model, not a reading at the door.

Defra · 2024 annual model · 1 km area

Local information is approximate. Distances are straight-line estimates from the available location. Broadband describes postcode coverage, not the speed or service available at this home; check the address with a provider. Air quality is a modelled annual background estimate.

Find a life, not a listing

Picture your everyday

Start with the agent's details and explore the area guide to get a feel for daily life here.

About these property details

The information provided in this listing is for general information purposes only and does not constitute property particulars. We make no warranties or guarantees, express or implied, regarding the accuracy, completeness, or availability of the information.

Property details are provided by the listing agent, developer, or other third parties, and we have no control over the content provided. Prospective buyers or tenants should make their own enquiries and verify all information directly with the agent or relevant party.

Information relating to Energy Performance Certificates, Home Reports, or other statutory documents should be obtained directly from the selling agent or developer where applicable.