15 Bed Detached House For Sale Compton Avenue, Luton, LU4

£1,750,000- Detached

1 of 10
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 21st March 2024

Description

GUIDE PRICE - £1,750,000 - £2,200,000

15-Bedroom Care Home on Compton Avenue, Luton - For Sale with Development Opportunity

Key Features:

•\tPrime Location: Situated on Compton Avenue in Luton, this 15-bedroom care home offers a strategic location near local amenities and transport links. The property's accessibility enhances its appeal for potential development projects.

•\tSpacious Layout: With 15 bedrooms, 3 reception rooms, and 8 bathrooms spread across multiple levels, the property provides a generous footprint for renovation and redevelopment. The expansive layout offers flexibility for various development possibilities.

•\tDevelopment Potential: Subject to obtaining planning permission, this property presents an excellent development opportunity. The existing infrastructure, including plumbing, heating, and electrical systems, provides a solid foundation for renovation or conversion into alternative residential or commercial uses.

•\tInvestment Value: Ideal for investors or developers seeking to capitalize on Luton's property market, this property offers significant investment potential. The demand for residential and care facilities in the area enhances the property's value proposition for prospective buyers.

Summary:

This 15-bedroom care home on Compton Avenue represents more than just a real estate asset—it's a prime opportunity for development and investment. With its spacious layout, convenient location, and development potential subject to planning permission, the property offers a promising canvas for transformation. Whether renovating the existing structure or pursuing alternative development plans, this property presents an exciting prospect for those looking to make a strategic investment in Luton's dynamic property market.


Agent Details
EweMove Virtual
Littlewood Court, Cleckheaton, BD19 4TE
Show Contact Number
01274 888 750

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 15 bedroom property. See more properties like this.

£1,750,000
Luton, LU4
Detached
1.6
£1,700,000
Luton, LU4
Detached
1.6
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested