2 bed apartment for sale

This is part of a portfolio sale of nine properties in Luton. Six apartments are in The Elms and three are in Highview Court.

Two bedroom apartment located in the Luton town centre, ideal for investors or first time buyer. The property briefly comprises a large entrance hall with cloakroom/storage cupboard, fitted kitchen with integrated appliances, lounge/diner, two good size bedrooms, bathroom, gas central heating. Walking distance to train station.

Property Leasehold - 121 years remaining.

There is an EPC which I need to get from Hamptons the managing Agent.

Property in Luton is much more affordable than investing in prime, Central London areas, so you can get a below market value investment whilst still capturing maximum tenant demand. Over £1.5 billion is being invested into Luton by Luton Council to create over 18,000 jobs, bringing even more tenants to the area. There will be a new cultural district which will be home to artists and creative businesses, as well as New Century Park development and Luton Town Football Club expansion.

The population in Luton is approximately 215,000 with a number of these people of a young, prime renting age. This is why there is such strong demand for rental property in Luton. It’s also a popular place for London commuters to reside, being only 40 minutes from Central London on the train.

Luton aims to be the UK City of Culture in 2025 which will drive a huge boost throughout the area. Now is the time to invest whilst the prices remain low, as there is capital growth of 17% forecast by 2025 according to Savills.