LOT
20
Unsold
Centrally located within a residential area close to the High Street, this parce...
*Guide Price | £150,000+ (plus fees)
A let, mid-terrace house well located near Luton town centre, benefitting from full planning permission for conversion to 2 x apartments each with access to the rear garden and parking space.
Currently in need of refurbishment, the house comprises a lounge, kitchen, a first-floor double bedroom, and a large bathroom. A staircase from the kitchen leads to the basement, which features a small front-facing window. Externally, the property has off-road parking with rear access, and each proposed apartment will have access to the rear amenity space and parking space.
The approved plans include a self-contained studio on the basement level and a two bedroom split-level maisonette. Ideally situated on Wellington Street, this property benefits from excellent transport links with Luton mainline station, the town centre, and Luton Airport are all within a mile and is currently tenanted producing a monthly income of £720.
Freehold
Current Accommodation:
Basement: Bedroom with en-suite shower room and study.
Ground Floor: Kitchen and living room.
First Floor: Bedroom and family bathroom.
Proposed Accommodation:
Flat 1: Bedroom/Living Room, kitchen and shower room.
Flat 2: Kitchen, bathroom, living Room, two bedrooms.
The property is subject to an Assured Shorthold Tenancy producing £720 per calendar month.
Planning Application Number: 24/00917/FUL
Application: Erection of single storey rear and basement extension to create one studio flat in basement and two bed flat on ground, first and second floor with insertion of rooflights.
Decision: Application Permitted
Decision Date: 25/10/2024.
B
D
VAT is not applicable
Luton Borough Council
01582 546 000
There is no Buyer's Premium payable on this lot.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Purchasers will be required to pay an administration fee of £1,500 incl. VAT
12:00pm
Delta Marriott Hotel Timbold Drive, Milton Keynes, Buckinghamshire MK7 6HL
Please contact Robinson & Hall Auctions on 01234 362 899.
Price Information
*Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer’s premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
