Detached house for sale in Bute Street Luton LU1

Sale Price: £650,000

Luton Bedfordshire Luton, LU1 2EY

Detached
-- Bed(s)
-- Bath(s)
Not Available Anymore

 27 George Street, Luton, Beds,
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Street Address

Luton Bedfordshire Luton, LU1 2EY

Property description

• Development Opportunity
• Freehold Premises with Planning Permission for Three Studio Apartments
• Further Potential Subject to Planning Permission
• Internal Viewing Recommended


DON'T MISS OUT ON THIS INVESTMENT/DEVELOPMENT OPPORTUNITY!!!

We are proud to be able to offer to the market this opportunity to acquire this freehold premises with already permission to convert the ground floor into three studio apartments which the current owner has started but also with the potential (STPP) to be able to convert three further stories into apartments.

The basement area was previously rented to a removals company being used as storage and a staff area, but with planning permission this could also be converted into apartments.

The ground floor used to be office suites which has confirmation and agreement from the council to be converted into 3 studio apartments which the vendor has currently started.

The first floor is currently 6 HMO rooms with a HMO license* the potential idea from the vendor (STPP) was to convert these rooms into two studio apartments and one 1 bedroom apartment.

The second floor is currently a communal area for the HMO rooms with a communal kitchen and two communal bathrooms, STPP there is also potential to convert this top room.

We strongly recommend an internal viewing to see everything this property has to offer.

Please call the office now for more details on 01582 45 66 22

*All our information has been given by the vendor and we are currently waiting to see documents of a HMO license.
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