Sales: 01582 249155 | Lettings: 01582 945597 | Email: hello@venture-residential.co.uk

Hitchin Road, Luton
£550,000

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  • Approved Planning Permission
  • Development Property
  • Amazing Investment Opportunity

Venture Commercial are proud to present this development land for sale. Planning permission for 4 x 2 bedroom flats has already been granted and now the vendor is offering an exciting opportunity for someone to purchase the development site with an additional 4 x 2 bedroom flats subject to planning permission. This will bring the approximate GDV for the development site to £1.6m.

The property currently stands as a 3 bedroom end terraced house with planning granted for the conversion and extension of the existing dwelling house to create 4 x 2 bedroom flats. However, subject to the Vendor obtaining planning permission, the house will be converted into another 4 x 2 bedroom flats bringing the total number of units to 8 x 2 bedroom flats.

Once the property conversion and development has taken place, we envisage the flats to be rented for approximately £900-£950 pcm each. We refer you to Luton Borough Council planning permission 20/01367/FUL for further information on the already consented development.

 

Located less than 10 minutes walk from Luton Train station providing direct links to central London in less than 40 minutes. The property is also situated less than 10 minutes walk from the University of Bedfordshire campus.

Entrance Hall
Door to front aspect, under stairs storage cupboard and radiator.

Lounge
13' 1'' x 10' 6'' (4.0m x 3.2m)
sash window to front aspect, feature fireplace and picture rail.

Dining Room
11' 10'' x 13' 5'' (3.6m x 4.1m)
Sash window to side aspect, radiator and picture rail.

Kitchen/Breakfast Room
15' 9'' x 13' 9'' (4.8m x 4.2m)
sash window to side aspect, windows x 2 to rear aspect, fitted kitchen with a range of wall and base units, roll top work surfaces, butler sink/drainer, plumbing for washing machine, space cooker and fridge freezer and stable door to side aspect.

Bedroom 1
12' 6'' x 16' 9'' (3.8m x 5.1m)
Double glazed window to front aspect and radiator.

Bedroom 2
16' 1'' x 8' 6'' (4.9m x 2.6m)
Sash windows to rear and side aspects, radiator and feature fireplace.

Bedroom 3
12' 2'' x 9' 6'' (3.7m x 2.9m)
Sash window to side aspect, feature fireplace and radiator.

Bathroom
Sash window to side aspect, roll top bath, wash hand basin, low level WC and radiator.


Click to enlarge

Hitchin Road
Luton LU2 0ES
County: Bedfordshire
Sale Type: For Sale
Ref #: 00001993

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