Exciting Opportunity for Investors: House Converted into Three Self Contained Flats / 11 Bed HMO Potential!

Auction guide price £550,000

 Pembroke Avenue, LU4
Auction guide price £550,000
  • 7 Bedrooms
  • 3 Bathrooms
  • 3 Reception Rooms

Property description

VA exculsively present to market by way of modern auction sale this large end of terrace property which has been extended in the past making now 3 dwellings in one freehold.  This property is a must view and ideal for investors looking for a project as there is so much potential to maximise.  Driveway parking for up to 3 cars and potential for further parking at the rear of the property.


This spacious town house located on a quiet residential street, near Leagrave Station and a few miles from the motorway (M1 - J11), has been thoughtfully converted into three flats, each offering fantastic potential for an investor to take to the next level.  While this property requires some cosmetic refurbishment, it provides an excellent opportunity to add value in a prime location, offering a wide tenant catchment including families, professional commuters and L&D Hospital employees.

The property benefits from a communal mature garden, driveway parking at the front and the potential to further extend and develop STPP


Flat 1 (Ground Floor):

·         Sizeable 1-bedroom flat, benefiting from plenty of natural light from both the front and rear (Potental to make into a 2-bed)

·         Open-plan living space to the mid of the flat 

·         Functional galley kitchen ready for modernization

·         Garden and conservatory access, perfect for outdoor activities 

·         Shower room with potential for contemporary redesign

Flat 2 (First & Second Floor):

·         Spacious 2-bedroom flat, great for professionals or small family as both bedrooms are double in size 

·         Bright living area which opens up to a modern kitchen 

·         Family bathroom on the same level as bedrooms 

·         Access to a shared garden space

Flat 3 (Ground, First & Second Floor):

·         4-bedroom flat designed over 2 levels, ideal for young familes or sharers 

·         Light/rectangular shaped open-concept living and dining area with versatile potential

·         Family sized kitchen at the rear of the property, over looking the garden

·         Family showerroom on second floor and added bonus,seperate WC on first floor level  


Key Features:

·         Potential for significant value add through cosmetic improvements and potential rear extension (SSTP)

·         Opportunity to modernize kitchens and bathrooms for enhanced maximum appeal

·         Ample space and natural light across all flats

·         Conveniently located near public transport, shops, primary schools and Legrave Train Station


This property is an ideal project for investors looking to capitalize on the potential for modernization and value enhancement. Don’t miss out on this exceptional opportunity to transform this house into a desirable and contemporary multi-dwelling living space.

 

***IMPORTANT INFORMATION - THIS PROPERTY IS BEING SOLD VIA SECURE SALE ONLINE AUCTION. TERMS & CONDITIONS APPLY...SEE BLOW & ASK FOR MORE DETAILS***
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and
are ref erred to below as The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject
property will require your details being
shared between both the marketing agent and The Auctioneer in order that all matters can be dealt
with ef f ectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) au
ction
terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The
Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents
website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The
Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains
details relevant to the legal documentation en
abling all interested parties to make an inf ormed
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 pro
perty and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will
be required to adhere to a verif ication of identity process in accordance with Anti Money Laundering
procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment f rom the seller, upon exchange of contracts
the successf ul bidder will be expected to pay a non
-
ref undable deposit of 5% of the purchase price of
the property. The deposit will be a contribution to the
purchase price. A non
-
ref undable reservation
f ee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon
agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration
should be mad
e by the purchaser in relation to any Stamp Duty Land Tax liability associated with
overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or benef icial to the customer to
pass your details to third party service supplie
rs, f rom which a ref erral f ee may be obtained. There is
no requirement or indeed obligation to use these recommended suppliers or services.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and
are ref erred to below as The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject
property will require your details being
shared between both the marketing agent and The Auctioneer in order that all matters can be dealt
with ef f ectively.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) au
ction
terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The
Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents
website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The
Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains
details relevant to the legal documentation en
abling all interested parties to make an inf ormed
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 pro
perty and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will
be required to adhere to a verif ication of identity process in accordance with Anti Money Laundering
procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment f rom the seller, upon exchange of contracts
the successf ul bidder will be expected to pay a non
-
ref undable deposit of 5% of the purchase price of
the property. The deposit will be a contribution to the
purchase price. A non
-
ref undable reservation
f ee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon
agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration
should be mad
e by the purchaser in relation to any Stamp Duty Land Tax liability associated with
overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or benef icial to the customer to
pass your details to third party service supplie
rs, f rom which a ref erral f ee may be obtained. There is
no requirement or indeed obligation to use these recommended suppliers or services.

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer. 

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. 

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website. Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. 

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. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. 

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 of 5% of the purchase price of the property. 

The deposit will be a contribution to 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 required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. 

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. 

There is no requirement or indeed obligation to use these recommended suppliers or services.

Tenure  : Freehold

Property additional info

Floor Plan

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Location

Property Information

  • Reference number vpsal_2035826355
  • Property Type Semi Detached
  • Garden Yes
  • Open Plan Lounge Yes
  • Full Double Glazing Yes
  • Gas Central Heating Combi Boiler Yes
  • Double Bedrooms Yes
  • Market infoMarket info

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