Prime small-scheme opportunity for builders or landlords seeking strong returns.
Full planning permission for 1 x 2-bed detached bungalow
A cleared development plot with full planning permission to build a new 2-bedroom detached bungalow (GIA ~50m2). Permission is granted by Luton Borough Council for a compact, modern single-storey dwelling with two side-by-side parking spaces and a large private rear garden — a straightforward scheme for builders, developers or buy-to-let investors.
Financial projections supplied show strong upside: asking price £140,000 with an estimated GDV of £350,000 and projected gross rental yield around 7.2% (£18,000pa). The site sits in an affluent, low-crime area with excellent mobile signal and fast broadband, making it attractive to professionals and young families.
Practical considerations: the project requires prior demolition of the existing side garage and the finished homes will be compact (50m2 GIA). Tenure is currently unknown — purchasers should verify tenure and service connections before exchange. Nearby schools and basic amenities are within easy reach, and the plot size and planning consent reduce development risk compared with a speculative application.
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