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3 bedroom terraced house for sale
Wellington Street, Luton, Bedfordshire, LU1 5AH
£250,000
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 24/00917FUL
Description
This terraced property in South Luton is an investment opportunity with full planning permission approved to convert it into two separate apartments. The property currently has a lounge, kitchen, basement, and first-floor bedroom and bathroom, but the approved plans show an extension to create a one-bedroom studio apartment in the basement and a three-bedroom maisonette on the first and second floors. The property benefits from excellent transport links, including Luton mainline station, town centre, and airport, all within a mile. The property is in need of refurbishment and has off-road parking with rear access, as well as private garden space and off-road parking for each apartment. With strong rental demand and high yield potential in Luton, this property presents an excellent long-term investment opportunity.