Park Street Luton Luton, Bedfordshire, England, United Kingdom Studio - 1 Bed Residential Property From £148,000 to £240,000 | From €164,820 to €267,275 | From $200,965 to $325,889 Request a Currency Exchange Quote Here

Buy to let apartments in one of the most affordable commuter towns near London, where a large amount of money is being invested into regeneration. Expected yields of 5.4% and buy to let mortgages up to 75% LTV.

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Property Description ID:25270909

The development is located in the centre of Luton, home to the UK's fastest growing airport, which is due to receive £1.5 billion in investment over the next 20 years and 5,000 extra jobs will be created at the airport.

 

This has highlighted a significant lack of purpose built accommodation, with comparable projects sellign out almost immediately.

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Important Property Information

Available Units

Studio:
  • GBP Price: From £148,000 to £240,000
  • EUR Price: From €164,820 to €267,275
  • USD Price: From $200,965 to $325,889
One bed:
  • GBP Price: From £184,000 to £240,000
  • EUR Price: From €204,911 to €267,275
  • USD Price: From $249,848 to $325,889

Key Selling Points

  • 23 mins from central London
  • 10% ROI above average this close to London
  • 22% house price growth in this area
  • Most affordable commuter town near London
  • Large business park under construction nearby
  • 75% LTV (subject to status)
Mortgage Information
Investment Facts

Category : Residential Buy to Let

Cash requirement : £148,000

Finance: 75% LTV at 3.00% Interest Rate

Current Condition : New

Income Yield: 5.40% Gross Yield Estimated

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