Wellington Street, Luton... 3 bed terraced house for sale

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Wellington Street, Luton... 3 bed terraced house for sale

Wellington Street, Luton, Bedfordshire, LU1 5AH
£250,000

Our Summary

  • Terrace property with full planning permission approved for 2 separate apartments, rear garden and gated parking at bottom of garden accessed via a service road
  • Indigo is delighted to offer for sale this fantastic investment opportunity
  • There is full planning permission in place to convert the whole of the property with an added extension into two separate maisonettes
  • Currently in need of refurbishment, the property comprises a lounge, kitchen, a first-floor double bedroom, and a large bathroom
  • Planning approved for 2 maisonettes
  • Planning reference 24/00917 FUL

Description

This property, located on Wellington Street in Luton, offers a unique investment opportunity with full planning permission approved to convert it into two separate apartments. The current layout features a lounge, kitchen, basement, and first-floor bedroom and bathroom, but the approved plans include a basement-level studio apartment and a three-bedroom split-level maisonette on the first and second floors. The property benefits from excellent transport links, with Luton mainline station, town centre, and airport all within a mile. The property is in need of refurbishment, but with strong rental demand and high yield potential in Luton, it presents an excellent long-term investment opportunity. The property also boasts off-road parking with rear access, and each apartment can have its own private garden space and off-road parking space, which will be secured behind gates and accessed via a small service road.