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Land, in Unit 279, £68,000
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Flat

Unit 279, Block B, Opto Village, 4 Dumfries Street, Luton, LU1
£68,000
-2.9%

Price History

Initial price £70,000
Jan 26, 2022 £68,000
Price Change -2.9%

Our Summary

  • Home to the University of Bedfordshire, Luton’s student rental market presents property investors with the potential for strong returns

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Description

This property is a studio apartment available for rent in Luton, with a yield of 8.7% and a rental price of £770 per calendar month. The apartment is fully furnished and equipped with modern amenities, including a 3-piece bathroom suite, double bed, wardrobe, study desk, and kitchenette. The property is located in a complex called Opto, which offers a range of rooms and studios for students and young professionals.

The complex has a concierge and management staff on site, as well as 24-hour access to communal facilities such as a launderette and secure bike storage. Luton is a commuter town with excellent road and rail links to London, and is home to the University of Bedfordshire, which has a large student population. The town is undergoing regeneration and has received significant investment in infrastructure projects, making it an attractive location for property investors.