The Hive, Luton
RW

The Hive, Luton

By RW Invest

£ 325,000

Reviews

3 out of 5 stars

RW Invest says ..

Stylish 2-bedroom apartment, equipped with the latest high-spec interiors and within 20 minutes of Central London. 5% projected NET rental yields.

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in Luton, Bedfordshire. The apartment is part of a modern development, and the images show a high-quality, modern finish throughout. The apartment is 950 sqft and is listed at £325,000.

The location is good, with Luton train station being 0.73km away, providing easy access to London and other parts of the country. There are also several schools within a short distance, including Chapel Street Nursery School which has a good Ofsted rating.

Based on the images provided, the property appears to be in excellent condition. It is modern and well-maintained, with a contemporary design. There is no evidence of any repairs or renovations being needed.

The property does not appear to have any outdoor space, such as a garden.

Considering the average price per sqft in the area is £324, and this property is listed at a price per sqft of approximately £342, the list price seems reasonable, especially given the modern condition and convenient location. Nearby comparable properties are listed at higher prices, supporting the valuation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
10
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
950.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
279,877.00 £
Decreased by 1.23 %
from 283,358.00 £
Est sale value
348,650.00 £
Increased by 21.12 %
from 287,850.00 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est letting value
950.00 £/mo
Unchanged by 0.00 %
from 950.00 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
29.00 %
Unchanged by 0.00 %
from 29.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
University Of BedfordshireHigher Education Institutions0.48 KM
Flying Start South @ The MallChildren's Centre Linked Site0.49 KM
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.50 KM
Tennyson Road Primary SchoolAcademy Converter0.57 KM
Tennyson Road North Primary SchoolAcademy Converter0.57 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
A505 £ 000.00 KM
Castle Street £ 000.00 KM
Windsor Street £ 000.00 KM
Peel Street £ 125,00000.00 KM
Luton Point £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.73 KM
Luton Airport Parkway3645LTN2.18 KM
Leagrave1534LEA5.78 KM
Harpenden1543HPD9.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Hive, Luton £ 449,950BUY5 / 100.00 KM
The Hive, Luton £ 424,950BUY6 / 100.00 KM
The Hive, Luton City Centre £ 350,000BUY6 / 100.00 KM
The Hive, Luton City Centre £ 350,000BUY5 / 100.00 KM
The Hive, Luton £ 249,950BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
18 Union Street £ 75,0000.08 KM
20 Union Street £ 150,0000.08 KM
29 Hibbert Street £ 109,0000.23 KM
43 Hibbert Street £ 109,9500.23 KM
30 Hibbert Street £ 232,5000.23 KM