£59,000

Studio for sale
Opto House, Dumfries Street, Luton LU1

1 bath
  1. Property photo 1 of 13.

Points of interest

Property location

Nearby amenities

  • Luton Pentecostal Church Christian Academy0.3 miles
  • Hillborough Infant School0.4 miles
  • Luton0.5 miles
  • Luton Airport Parkway1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
Description

This stylish studio apartment is fully furnished and includes a double bed, an en-suite bathroom, a wardrobe, storage space and a study area with a desk and chair; as well as access to a communal kitchen and living area. Residents of Spring Place benefit from its amazing communal areas including a gym, cinema, games room, study areas, outdoor leisure and sports facilities and gardens. This is alongside the necessities such as laundry facilities, Wi-Fi, secure bicycle storage, onsite accommodation team and 24hr CCTV and security. It's no surprise that Spring Place is such a popular choice amongst students at the University of Bedfordshire.

Spring Place is ideally located only a 5 minute walk away from the University of Bedfordshire and a 22 minute train journey into the centre of London. Spring Place also has Luton town centre right on its doorstep with an abundance of high street shops, bars, restaurants and attractions to visit. Luton has fantastic transport links with its train station which is only a 10 minute walk away and London Luton Airport which is easily accessible via public transport or a 40 minute walk, making it incredibly easy for both UK and overseas students to travel to and from their home towns.

The University of Bedfordshire is home to over 24,000 students from over 100 countries and opened a brand new £34m campus in 2010 which includes state-of-the-art facilities such as a pe and Sport Science Centre, Business Pods, dance studios and a 280 seat theatre. The University of Bedfordshire's popularity is steadily increasing after being voted in the top 25 universities for student satisfaction for three years in a row; meaning that as more students want to study at this university, high-quality accommodation such as Spring Place will be in high demand. This is the perfect student investment opportunity!

Financial Breakdown

Assured rent: £5,103
Ground rent: Included*
Service charge: Included*
Lettings fees: Included
Assured income: £5,103
Assured until: Jun 2022
Assured yield: 8%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

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