Studio flat for sale

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Studio flat for sale

G36, Block B, Opto Village, 4 Dumfries Street, Luton, LU1
£62,000

Our Summary

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

Description

This studio apartment is available for rent at £790 per calendar month, offering a 10.3% yield. The property is part of Opto, a modern student and young professional accommodation complex with 561 rooms, located just a short walk from the University of Bedfordshire and the town center. The studio comes fully furnished with a 3-piece bathroom suite, double bed, wardrobe, study desk, and chair, as well as a kitchenette with fridge, hob, and extractor fan. The property also offers inclusive utility bills, 24-hour access to communal facilities, and on-site concierge and management staff. Luton is a popular investment opportunity due to its excellent road and rail links, vibrant business environment, and strong student rental market, with the University of Bedfordshire attracting around 20,000 students from over 100 countries.