York Street, Luton

SUMMARY
Detailed Planning permission is granted for 57 - 100% Private Apartments (7 three bed, 32 two bed and 18 one bed) Central location, great development or BTR investment opportunity


DESCRIPTION
A unique opportunity to get ahead of the curve, we feel this is the ideal time to be taking advantage of Luton's relatively low prices before the proposed rejuvenation of the Town Centre New Football Club Stadium, and its facilities have an impact on values.

Luton is undergoing a massive £1.7 billion, multi-year transformation aimed at revitalising its town centre, enhancing sustainability, and boosting the local economy.

The rejuvenation, guided by the Luton Town Centre Masterplan (2021) and updated in 2025, focuses on shifting the area from a 1960' car-centric design to a vibrant, green, and pedestrian-friendly hub with a significantly increased residential population. Through an accessible mix of spaces and activities, the town centre will welcome all residents, visitors, businesses and investors into a clean and green environment. Changes will support health and well-being and actively address the climate and biodiversity emergency. A string of well-connected green spaces and improved streets through the town centre will provide moments for play and relaxation - spaces that are safe to enjoy and family friendly.

Creativity and local young talent will be nurtured and given a platform to shape the character of the town centre. Stronger partnerships between the university and local organisations will support a new generation of Luton-made businesses to start, grow and thrive, empowering Luton's entrepreneurs, delivering genuine jobs and opportunities

Industrial & Logistics Growth 
*Major new developments near the airport including 1.2?million sq ft logistics space
*Expected to generate thousands of jobs in logistics, distribution, and light industry

Bartlett Sq. & Green Horizon 
*New commercial and business parks supporting ~2,000 jobs
*Focus on offices, light industrial, and innovation-led business space

Power Crt & Mixed-Use Regen 
*New 25,000-capacity stadium with surrounding housing, retail, and leisure
*Construction and operational phases expected to create - 1,000 permanent jobs

Transport & Connectivity  
*Luton DART links the train station directly to the airport, improving accessibility
*Supports commuter and business growth across the region

Town Centre Regeneration  
*£136M mixed-use project delivering apartments, commercial space, and public amenities
*Strengthens the town centre and increases housing demand

Council Economic Strategy 
*Aims to deliver £500M annual economic growth, 23,000 new jobs, and 150,000sqm of new commercial space by 2032
*Focused on attracting business investment, boosting skills, and supporting long-term housing demand

Owners Comments 

Building Design. 
We have designed the building with buildability in mind, from the ground up we have stacked the walls to keep the structure simple to build. We have designed the layout so it could be built using RC Podium to the 1st floor and traditional brick/block with concrete planks/stairs. Using these methods make keeps the fire and sound proofing to a minimal.The design also allows it to be built in RC frame/ Steel Frame etc if that was a preferred method with additional floors in mind for the future. Externally we have Designed as Brick/Block and render without any cladding to eliminate the fire risks and speed up the build. The building has been designed in 2 blocks adjoining on one side with separate entrances and cores so the build could be built out/sold in phases to help with cashflow if necessary.

Services 
Electricity, Water, Gas and communication supplies are all available to the site. We currently have Gas, water and 3 phase electricity on site, there are no 3rd party services or easements running through the site.

Demolition 
Demolition of the existing buildings are simple single storey brick buildings with timber/felt flat roofs. External boundary walls are brick built and may be useful to secure site throughout the build depending on the builders preference.

Planning 
The site has full planning approval granted on 24th April 2024, work required to discharge the conditions required for commencement and to implement the planning permission has been done and submitted to the council for approval. These documents will be included with the sale.

Groundworks & Infrastructure 
Extensive ground investigations have been completed across the site, including contamination assessments, ground bearing reports, window sampling and dynamic probing. Phase 1 has already been successfully delivered, providing proven knowledge of the local ground conditions. The findings indicate that development can proceed without any anticipated abnormal or unusual site clearance constraints. The ground conditions are considered suitable for conventional shallow foundation solutions, such as strip or pad foundations (subject to structural engineer design). All supporting technical reports are available on request.
Groundwater levels have been confirmed by borehole at a minimum depth of 20 metres below ground level, with wider area data indicating levels in excess of 55 metres. As such, groundwater is not anticipated to present any development constraints.
Written consent has been secured from Thames Water for connection to the existing on-site storm and foul sewer infrastructure, which is suitably positioned to accommodate the proposed drainage design. Surface water will be managed via a straightforward, shallow attenuation tank system, providing a practical and efficient drainage solution

London Luton Airport Expansion 
*Increasing annual passenger capacity from -18M to 32M
*Expected to create up to 11,000 jobs and contribute £1.5 Billion annually to the local economy



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.