Property photos
£300,000
(£75.00/sq. ft)
Land for sale
14-25 Gregories Close, Luton, Bedfordshire LU34,000 sq. ft
Local area information
Property location
Nearby amenities
- Luton 0.3 miles
- Luton Pentecostal Church Christian Academy 0.4 miles
- Dallow Primary School 0.4 miles
- Luton Airport Parkway 1.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Luton to find out more about the local area.
Features and description
Description
In Gregories Close are 2 apartment buildings. Planning permission has been obtained to construct on each building 2 x 1 bedroom penthouse apartments (4 in total).
To the rear of the site, planning permission was obtained (now lapsed) for the construction of 2 x 2 bedroom apartments. There is an argument that planning permission may be obtained for 2 or 3 town houses. Planning Ref. No. 19/00986/ful.
Finally, the freehold interest is also available in the 2 apartment buildings where the 12 flats, each on 999 year ground leases, each pay £22 per annum ground rent currently, totalling £264 per annum. Our client would be happy to retain this part of the asset if required.
Location
Gregories Close is accessed off New Bedford Road (A6), a short drive from Luton town centre.
Terms
The above in total is available for sale in the sum of £300,000.
Legal Costs
Each party to bear their own legal costs incurred.
VAT
Plus V.A.T. At the appropriate rate if applicable.
In Gregories Close are 2 apartment buildings. Planning permission has been obtained to construct on each building 2 x 1 bedroom penthouse apartments (4 in total).
To the rear of the site, planning permission was obtained (now lapsed) for the construction of 2 x 2 bedroom apartments. There is an argument that planning permission may be obtained for 2 or 3 town houses. Planning Ref. No. 19/00986/ful.
Finally, the freehold interest is also available in the 2 apartment buildings where the 12 flats, each on 999 year ground leases, each pay £22 per annum ground rent currently, totalling £264 per annum. Our client would be happy to retain this part of the asset if required.
Location
Gregories Close is accessed off New Bedford Road (A6), a short drive from Luton town centre.
Terms
The above in total is available for sale in the sum of £300,000.
Legal Costs
Each party to bear their own legal costs incurred.
VAT
Plus V.A.T. At the appropriate rate if applicable.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
More information
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Listed by
S.R. Wood & Son Ltd
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