Studio for sale

Summerview Court, Mill Street, Luton LU1

Summerview Court, Mill Street, Luton, Lu1 2Na

Yieldit are pleased to offer to the market this generously proportioned studio apartment, ideally situated within Summerview Court on Mill Street, in the heart of Luton. Located on the second floor, the property offers spacious and versatile living accommodation with a well presented main living area and a separate bathroom, providing a comfortable and practical home in a highly convenient town centre location.

Luton offers a wide range of shopping, dining and leisure facilities, with the town centre providing easy access to supermarkets, restaurants, cafés and everyday amenities. Luton railway station is within easy reach and provides regular services to London St Pancras, making the area particularly convenient for commuters. London Luton Airport is also easily accessible, while the M1 provides excellent road connections to London, Milton Keynes and surrounding areas.

Luton is benefiting from significant ongoing investment and regeneration, with a number of major projects focused on transforming the town centre and surrounding areas. The council is working to improve public spaces, leisure facilities, retail provision and residential opportunities, with the aim of creating a more vibrant and attractive town centre. A key development is The Stage on Bute Street, a major mixed use regeneration scheme which will provide new homes, commercial space, a performance venue, food and drink facilities and improved public spaces. The wider investment taking place across Central Luton is expected to support continued economic growth and enhance the town's long term appeal for residents, businesses and investors.

Financial Breakdown

Gross Rent: £9,600.00
Net income: £6,756.38
Gross yield: 9.6%
Net yield: 6.76%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08630