Latimer Place | Luton
Location: Luton, UK
Prices From: £175,000
Estimated Rental Income: £750 – £1,150 pcm
- Up To 17.5% below market value!
- Low prices starting at just £175,000
- 238 modern 1 & 2 bedroom apartments
- 21 minutes to London King’s Cross St. Pancras station
- Strategic town centre location
- Secure gated entry & Landscaped garden areas
- Simple payment plan of 10%/15%/75%
- Fully managed investment
Property in Luton is in greater demand than ever before. Named in the top 5 most affordable commuter towns in the UK, Luton is fast becoming a new favourite for renters and investors seeking alternatives to London.
The demand has pushed property values up by 17% in the last 24 months, making Luton the UK’s hottest property market right now.
With Savills forecasting property prices in Luton to jump even further by an average of 41% in the next 5 years, Luton is undeniably one of the best areas to invest in.
Whilst capital gains are a favourable benefit for any investor looking for a long-term investment property, first and foremost comes rental income. Again Luton is predicted one of the best performers in the next few years, offering healthy rental yields of up to 6%.
This is why Aspen Woolf are eager to present our second buy-to-let property in Luton. This latest Luton property will bring 238 luxury one and two bedroom apartments ideally located in the vibrant town centre and close to central London. This high specification development is being released at very affordable prices, offering apartments up to 17.5% below local market value!
These apartments are just a short 10 minute walk away from the train station, where six trains per hour offer direct access to London King’s Cross St Pancras station in just 21 minutes! The close proximity to the capital makes this location a hotspot for commuters who are being outpriced by increasing property and rental prices in London.
With its very own International airport servicing both business hubs in Europe and some of the most favoured holiday destinations, as well as the M1 motorway, Luton provides the ideal commuter platform for families and professionals alike.
Thanks to the excellent transport links, it’s not surprising that Luton’s also become one of the fastest growing areas within the London commuter belt. Surrounded by the outstanding countryside in Hertfordshire, this thriving town is enjoying exciting times benefiting from the substantial investment.
There has been £4 billion of forward investment in the region creating thousands of new jobs and attracting multinational businesses. The city is set to receive a further £1.5 billion of investment over the next 20 years, including a major town centre regeneration. With Luton employment growth set to rise at 2.3% per year over the next 4 years according to JLL, high specification developments such as our newest Luton property will benefit greatly from high demand from those living and working there.
Situated less than a mile away from our new investment is the University of Bedfordshire, which boasts a new £34 million centre and has over 15,600 students. It’s also situated close to the town centre, featuring a premier indoor shopping centre called The Mall, which attracts more than 20 million shoppers a year to Luton’s many popular high street and independent stores.
Built in the heart of thriving town centre and thanks to the proximity of the University of Bedfordshire’s Luton campus, this new Luton investment is ideally placed for families, commuters, and students.
With each apartment carefully designed with space in mind these stylish apartments will not only benefit from its central location and quick commuting distance into London, but also from its high specification ensuring comfortable and modern living experience.
Offered up to 17.5% below market value, this is an unmissable purchase opportunity with one bedroom prices starting from just £175,000.
For more information about our newest Luton property investment opportunity, please fill in the form on the right today.
- High gloss kitchen wall
- Integrated Bosch appliances
- Hob and extractor over, fridge freezer and washing machine
- Luxurious fitted bathrooms
- Ceramic floor tiling
- Chrome heated towel rails
- Fitted mirror with LED backlighting
- Satellite TV, USB & Media points
- Double glazing throughout
- Energy efficient central heating
- Wooden flooring
- Secure gated entry system to car park
- Video entry system
- Extensive secure parking at an additional cost
- Landscaped garden areas