available
£45,000
Welcome to this stylish and well-maintained en-suite Studio, situated in the highly sought-after Park House, a modern student complex in the heart of Luton.
Park House is an apartment block consisting of 147 ensuite rooms and studios that are perfect for students and young professionals. All rooms are fully furnished with a modern feel. This property is the perfect investment opportunity, with a reliable tenant already in situ, generating a steady income of £620 per calendar month.
Key Features:
Prime Location: Nestled in a vibrant student complex, Park House offers easy access to the University of Bedfordshire, making it a popular choice for students and young professionals.
Contemporary Design: The studio boasts a sleek and modern design, with a compact Bedsit/study area and a private bathroom. The layout is optimized for comfortable, low-maintenance living.
Fully Furnished: The apartment comes fully furnished with high-quality, space-saving furniture, making it an attractive option for tenants and an easy, hassle-free investment.
Secure Complex: Park House is a secure, purpose-built complex featuring on-site management, secure entry systems, and communal areas for residents to enjoy such as an on-site Gym and games room.
The property also features a large residents car park to the rear.
Excellent Transport Links: Located just a short walk from Luton train station and close to major bus routes, the property offers convenient access to central London and surrounding areas.
Investment Highlights:
Strong Rental Yield: With a tenant already in place paying £620 per month, this property promises a solid rental yield, making it an ideal addition to any investment portfolio.
Demanding Market: The ongoing demand for student accommodation in Luton ensures a low risk of vacancy and a consistent stream of rental income.
Long-Term Growth: With Luton’s continual development and proximity to London, property values in the area are expected to rise, providing both short-term returns and long-term capital appreciation.
Don’t Miss Out!
This property is an exceptional opportunity for investors looking to capitalize on the thriving student rental market in Luton.
Tenure: Leasehold
Service Charge: £1,716 p/a
Ground Rent: £250 p/a
Years Remaining on lease: 248 years
Contact us today to arrange a viewing or to discuss further details.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
