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Land for sale
New Bedford Road, Luton
£3,500,000
New Bedford Road, Luton
£3,500,000
Our Summary
- This rare exceptional freehold investment opportunity consisting of 26 self-coDESCRIPTIONCalling all season investors
- This rare exceptional freehold investment opportunity consisting of 26 self-contained apartments and large commercial unit in the heart of Luton Town Centre
- Internally there are several isles, includAuctioneer's Comments This property is offered through Modern Method of Auction
- Sale by Modern Auction (T&Cs apply)
Description
This exceptional freehold investment opportunity in Luton Town Centre consists of 26 self-contained apartments and a large commercial unit. The apartments, ranging from one to two bedrooms, are fully modernized with high-quality appliances and contemporary interiors. The block spans five floors, with a private garden area and potential roof-top garden. The ground floor commercial unit is fully refurbished and currently trading as a supermarket, with modern facilities and digital security systems. The property generates a significant income of over £300,000 per year, making it an attractive opportunity for investors. With its prime location and extensive refurbishment, this property is not to be missed.