Development Opportunity – Dunstable Road, Luton, LU1
Erection of 183 flats, comprising 133 one bedroom flats, 50 two bedroom flats, within
a part 5, 8 and 12 storey building with associated access, car parking and landscaping.
Application underwent a viability assessment and sought to provide an off‐site
contribution of £504, 000 which is equivalent to13% affordable provision or 24 of the
proposed 183 units.
- Off market
- Freehold
- Although the land has been cleared, the development has not yet started
- Planning lapsed at the end of August 2021
- Selling price circa £3.5m.
We will require a buy side fee.
Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.
In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.
Office: +44(0)330 2236988
sales@trellows.co.uk
investments.trellows.com
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