Prime Development Opportunity: Approved Planning for Five High-Specification Flats in Luton

Venture Commercial are excited to introduce a fantastic residential development opportunity to acquire a site with approved planning permission (21/00163/FUL) for the development of a modern two-storey building, comprising of five flats. The site measures approximately 12850.2 sqft and is located on Dunstable Road, Luton.

The approved plans have been granted by appeal and include four well-proportioned two-bedroom units and one one-bedroom unit, catering to a variety of residents, from professionals to small families.

This premium development offers dedicated vehicle access, ample parking facilities, and extensive landscaped areas, ensuring an attractive and comfortable living environment. Each unit is thoughtfully designed to maximize space, natural light, and functionality, making this a desirable development opportunity in close proximity to Luton and Dunstable Hospital, ideal for both homebuyers and investors seeking high rental value opportunities.

Key Features

• Planning permission granted for a two-storey residential building

• Comprising 4 x two-bedroom flats and 1 x one-bedroom flat

• 0.295-acre site with ample parking spaces allocated for residents and visitors

• Landscaped communal areas enhancing the outdoor space

• Private access road for improved convenience and security

• Located in the popular LU4 area of Luton

• Ideal for property investors, developers, or those seeking rental income

Location

The development is located on Dunstable Road, Luton, an area well-served by a wide range of local amenities and excellent transport links. Residents are just a short distance from shopping centres, supermarkets, restaurants, and leisure facilities. Families benefit from highly regarded schools, parks, and community centres, while healthcare needs are catered to by nearby GP surgeries and Luton & Dunstable Hospital.

For commuters, the development offers superb connectivity. It is minutes from Leagrave Train Station, providing regular direct services to London St Pancras in under 40 minutes. The M1 motorway (Junction 11) offers easy road access to London, the Midlands, and beyond. Regular bus services and proximity to London Luton Airport further enhance transport options, making this an ideal location for frequent travellers.

This exceptional site presents a high-quality residential development opportunity in a well-connected and rapidly growing area.