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Studio flat for sale
126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1
£70,000
126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1
£70,000
Our Summary
- Home to the University of Bedfordshire, Luton’s student rental market presents property investors with the potential for strong returns
Description
This is a prime investment opportunity for a premium studio in the Opto Village development, currently at full occupancy, offering a 9.4% yield. The studio, located in Luton, is within walking distance to the University of Bedfordshire and town center, and comes fully furnished with a 3-piece bathroom suite, double bed, wardrobe, study desk, and kitchenette. The development offers a range of amenities, including a launderette, secure bike storage, and 24-hour access to communal facilities. Luton is a town on London's commuter belt with excellent road and rail links, a growing business environment, and a student population of around 20,000, making it an attractive prospect for property investors. The town is undergoing significant regeneration, with investments in infrastructure projects, education, and emerging sectors, offering opportunities for strong returns.