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Block of apartments for sale
230 Hitchin Road, Luton, LU2
£1,200,000
230 Hitchin Road, Luton, LU2
£1,200,000
Our Summary
- There is potential to increase the building size by going into the air space above, subject to permitted development
- Potential for additional units
Description
A freehold property consisting of five units, including two 2-bedroom houses, two 1-bedroom houses, and one 1-bedroom ground-floor flat, is available for sale. The property features five parking spaces at the rear and additional parking at the front. There is potential to increase the building's size by developing the airspace above, which could add two more apartments. The property is currently fully let and generates around £68,000 in annual income, although the estimated rental value is believed to be closer to £75,000.