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Flat share for sale
Room S2 Chapel Street, 21, 23, 25 Chapel Street, Luton, LU1
£40,000
Room S2 Chapel Street, 21, 23, 25 Chapel Street, Luton, LU1
£40,000
Our Summary
- Investment Opportunity
Description
This modern ensuite room is available for investment in excellent condition, currently tenanted for £450 per month and offering an annual net yield of 7.2%. Located in the heart of Luton, the room is within walking distance to the university and train station, and is part of a new home development that boasts modern furnishings, high-quality en suite facilities, and spacious communal areas, including an onsite gym. The development, Chapel Street, consists of 87 ensuite rooms and studios that are popular among students and young professionals, having opened in 2016 and gaining significant interest since then.