Penrose Estate Agents
386 Hitchin Road
Luton
Bedfordshire
LU2 7SR
01582 280818
Frederick Street, LutonOffers in Excess of £1,200,000
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On MarketPenrose Estate Agents - 01582 2808183006
A fantastic opportunity to purchase this freehold block of nine apartments along with the freehold, located in the sought after High Town area and within walking distance to the train station and town centre. The property has been well maintained by the current owner and offers this development ready to go, with an annual return in the region of £65,000. The property consists of 7 one bedroom apartments, a one bedroom maisonette and a one bedroom duplex apartment. There is also parking and a courtyard garden to the rear of the development, offering further potential to add further units (STPP). This development will make a brilliant addition to any property portfolio and early viewing is highly advised.
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