£60,000
1 bed property for saleDumfries Street, Luton, Bedfordshire LU1
1 bed
1 bath
EPC Rating: C
- Leasehold
Sold.co.uk
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About this property
Studio Apartment
Cash Buyers Only
Ideal Student Let
Great Investment Opportunity - Over 10% Yield
Private Terrace
Modern Fittings
On-Site Amenities
Long Lease - 239 Years Remaining
Close to Luton Town Centre
10-Minute Walk to University of Bedfordshire
*** cash buyers only ***
This inviting studio apartment on Dumfries Street, Luton presents an excellent opportunity for investors looking to capitalize on the student accommodation market. Located within the sought-after Spring Place Student Hall, this well-maintained property offers contemporary living space ideal for both students and professionals.
The property's layout includes a bright, open-plan living area with kitchenette, sleeping zone, and modern shower room. The real highlight is the private patio terrace providing valuable outdoor space - a rarity in student accommodation. The development boasts impressive on-site amenities including an in-house gym, dedicated study suites, cinema and recreational areas.
Located in central Luton, residents enjoy the convenience of being within walking distance to the University of Bedfordshire campus, Luton town center and shopping facilities. Transport links are exceptional with Luton train station just a stone's throw away, providing direct access to London in under 30 minutes, while Luton Airport is easily accessible for international connections.
This property is available for cash buyers only as it is not suitable for mortgage lending. With its prime location and comprehensive on-site facilities, this studio apartment represents a blank canvas for investors looking to enter the lucrative student accommodation market. We strongly recommend viewing to appreciate the potential this property offers.
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More information
Tenure
Leasehold (239 years)
Service charge
£2,645 per year
Council tax band
A
Ground rent
£300
Ground rent date of next review