Spring Place, Dumfries Street, Luton

Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1

Agent: Fraser Stretton - Leicester Phone: 0116 484 9432

A fantastic opportunity to acquire a premium, fully furnished studio apartment within the highly sought after Opto Village development. Ideal for investors seeking immediate returns with a potential monthly rent of £900, offering an impressive 15.43% gross yield. <br/><br/>Long lease with approximately 239 years remaining. <br/><br/>This modern studio is finished to a high standard throughout, offering a bright and spacious feel. The accommodation includes a stylish three piece shower suite, comfortable double bed, wardrobe, and a dedicated study area with desk and chair. The well appointed kitchenette features a fridge/freezer, hob, extractor fan with dining space.<br/><br/>All utility bills, including electricity, water, and WiFi, are included, providing a hassle free experience for both landlord and tenant.<br/><br/>Residents benefit from excellent on site amenities, including concierge and management services for added security and convenience, as well as 24-hour access to communal facilities such as a launderette and secure bike storage. The development further boasts a fully equipped gym, cinema room, and multiple private rooftop terraces, all finished with high quality furnishings.<br/><br/>Ideally located just a short walk from the University of Bedfordshire and Luton town centre, the property is perfectly positioned to attract strong tenant demand, particularly from the area's large student population.<br/><br/>Luton is a thriving town within London's commuter belt, offering excellent road and rail connections, as well as one of the UK's busiest airports. With ongoing regeneration, strong rental demand, and a lower price point compared to London, it continues to be an attractive hotspot for property investors.<br/><br/>This is an ideal turnkey investment in a high-demand rental market with strong income potential from day one.<br/><br/>Council Tax Band: A<br/>Tenure: Leasehold (239 years)