Blacks Brokers are pleased to bring to the market this redevelopment opportunity on Wimborne Road in Luton.
This is a plot of land currently with a selection of garages, open space and a residential unit which is self-contained, measuring at 6,670sqft. Our client offers for sale, creating a superb opportunity for a new developer to utilise the space with new build properties. The local council are issuing planning permission to other sites close by, and it is thought that there will be no issue with planning permission for this site. Potential the plot could house around 20 flats. Alternatively, a D1 licence could be applied for in order for an educational or religious dwelling. This is a pure freehold option
Luton is one of the biggest growing towns outside of London – with commute by train taking only 22 minutes from the local station. The area is very much under development, with other new builds taking place nearby.
This excellent proposition is very exciting for the right new investor willing to push development forward..
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