£1,200,000

Land for sale

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Just added

Guide price

£1,200,000

Land for sale

Compton Avenue, Leagrave, Luton LU4

Local area information

Property location

Nearby amenities

  • Kings House Preparatory School and Nursery 0.2 miles
  • Leagrave 0.2 miles
  • Beechwood Primary School 0.3 miles
  • Luton 2.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Vacant & no upper chain
  • 17 bedrooms & 8 bathrooms
  • Fantastic investment opportunity
  • Former care home corporate let
  • Located in sought after Leagrave, Luton
  • Great location for development to flats or HMO (STPP)
  • Ample off road parking for 8 cars
  • Residential & commercial opportunities
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction this rare opportunity to purchase a vacant, 17 bedroom former care home, boasting 8 off road parking spaces in sought after Leagrave.

Situated on a serene and leafy street in Leagrave, this impressive 17 -bedroom former care home sits on a generous plot, offering ample forecourt parking for staff and visitors. The property is well-maintained and thoughtfully designed to cater to the needs of its residents, making it a fantastic investment opportunity.

The care home features 5 bedrooms with en-suite WC facilities and an additional 12 bedrooms with shared toilet amenities. Residents benefit from a range of communal spaces, including a comfortable lounge, a spacious dining area, and a well-equipped kitchen. The property also includes an office for administrative use, 2 communal showers on the ground floor, and 2 more on the first floor.

This property offers a fantastic opportunity for redevelopment, subject to obtaining the necessary planning permissions. With existing infrastructure, including plumbing, heating, and electrical systems, it provides a strong foundation for renovation or conversion into alternative residential or commercial purposes.

Externally, the property boasts a large rear gardena perfect retreat for residents to relax and enjoy the outdoors. Additional storage facilities and forecourt parking enhance the practicality of this property for a HMO or buy to let investment.

Please note we have not inspected this property.

Location

The subject property is located along Compton Avenue, surrounded by local amenities in Luton. Luton is on the River Lea, 32 miles north-west of London, 18 miles north-west of Hertford, 20 miles south of Bedford and 23 miles south-east of Milton Keynes. London City Centre is located approximately 35 miles from the property.

Accommodation

The care home features 5 bedrooms with en-suite WC facilities and an additional 12 bedrooms with shared toilet amenities. Residents benefit from a range of communal spaces, including a comfortable lounge, a spacious dining area, and a well-equipped kitchen. The property also includes an office for administrative use, 2 communal showers on the ground floor, and 2 more on the first floor.

Tenure

Freehold. Title number BD47735.

Council Tax

Band F

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Bedfordshire
  4. Luton
  5. Leagrave
  6. Compton Avenue