London Park House, Luton, LU1
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
108 sq ft
10 sq m
Key features
- En-suite Studio
- Situated in Modern Student Complex
- Sold with Tenant in Situ paying £620pcm
- EPC Rating C
- Leasehold Property
- ROI of 10%+
- Excellent Investment opportunity
- Sold with no Chain
- Buyer's Premium Applies*
Description
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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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London Park House, Luton, LU1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Luton Station0.6 miles
- Luton Parkway Station0.5 miles
- Leagrave Station3.0 miles
About the agent
BRH, Doncaster
The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
BRH are a full service Estate and Letting Agency that specialise in selling properties completely free of charge and are experts in Property Management, focusing specifically on the Yorkshire area.
At BRH, it's completely free of charge to sell your property, sellers really do pay nothing.
That's because we believe it's the smartest way to do things. No concerns about upfront fees, hidden costs or extra charges. Instead, the buyer pays a 1% buyers premium. To us, it just makes sen
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference RX410259. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BRH, Doncaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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