285 Block B, Opto Village, 4 Dumfries Street, Spring Place, Luton, LU1
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285 Block B, Opto Village, 4 Dumfries Street, Spring Place, Luton, LU1

By Urban Evolution

£ 40,000

Reviews

3 out of 5 stars

Urban Evolution says ..

Are You Looking To Invest? ~~EXCELLENT LOCATION~~Located in centre of Luton this amazing investment has competitive yield returns. Room 285 Block B is currently let for £600pcm offering you a 12% yield. Enquire today!!

Property Oracle says ..

This listing presents a studio apartment within the Opto Village development in Luton. The property is situated in a purpose-built student accommodation complex, featuring communal facilities such as a gym, cinema room, and study areas. These amenities are showcased in the provided photographs, depicting a modern and well-maintained environment. While the exact size of the studio is not specified, comparative listings in the area, although also limited by a lack of sqft information, suggest a price in the average range for studio flats within the Opto Village complex. The strategic location close to transportation links (Luton train station and Luton Airport Parkway are relatively close), and the presence of schools and shops nearby enhance the overall appeal. The provided pictures suggest a modern and well maintained property, giving confidence in its condition. However, the absence of information regarding the size of the studio and the lack of private outdoor space are potential limitations. Prospective buyers should conduct thorough due diligence, including obtaining precise square footage and confirming all details with the estate agent and potentially conducting an in person viewing to fully assess the property’s suitability to their needs. The rental market in Luton, and this area specifically should be reviewed to assess its potential value as an investment.

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
7
Condition
9
Location
7
Land
1
Bedrooms
0
Bathrooms
1

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 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Urban Evolution marked this listing as sold.

  • Urban Evolution created the listing.

Nearby Schools

NameTypeOfstedDistance
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.21 KM
Chapel StChildren's Centre Linked Site0.28 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.63 KM
Tennyson Road Primary SchoolAcademy Converter0.64 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Street £ 000.00 KM
Castle Street £ 000.00 KM
Peel Street £ 125,00000.00 KM
A505 £ 000.00 KM
Buxton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.85 KM
Luton Airport Parkway3645LTN2.53 KM
Leagrave1534LEA5.49 KM

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