2 Bed Terraced House For Sale

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, for sale by Public Auction on Wednesday 23rd April 2025.

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.

Tenure:
Freehold

Accommodation:
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.

Exterior:
Parking space for each flat.

Tenancy:
The property is subject to an Assured Shorthold Tenancy producing £720 per calendar month.

Planning:
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.

Viewings:
We will be holding open house viewings at the beginning of April. As soon as the dates and times have been set we will let everyone know who has registered for the legal pack via e-mail and they will also be published on our website.

** The auction is being held at the Delta Marriott Hotel, Timbold Drive, Milton Keynes MK7 6HL on Wednesday 23rd April 2025 and will start at 12:00; it is a public auction so you can just turn up on the day you do not need to pre-register.

You can also register for telephone/proxy/internet bidding online from the 14th April 2025 by following the link below and clicking on the yellow box Register to Bid: **

Council Tax Band:
B

EPC Rating:
D

VAT:
VAT is not applicable

Sellers Solicitor:
Smithfield Partners
Ref: Kevin Walsh
Hart House Business Centre, Kimpton Road, Luton, Luton, LU2 0LA

kevin.

Local Authority:
Luton Borough Council -

Buyers Premium:
There is no Buyer's Premium payable on this lot.

Disbursements:
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Administration Charge:
Purchasers will be required to pay an administration fee of £1,500 incl. VAT