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Leasehold

Offers over

£54,000

Studio for sale

Dumfries Street, Luton, Bedfordshire LU1
1 bed
1 bath
Email agent

Offers over

£54,000

Studio for sale
Dumfries Street, Luton, Bedfordshire LU1

    • 1 bed

    • 1 bath

  • EPC Rating: C

Leasehold

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.

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

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