Summary - Flat 541-545, Spring Place Student Halls, 4 Dumfries Street LU1 5FT
1 bed 1 bath Flat Share
Fully managed student ensuite with strong yield, cash-only sale — high-crime location to note..
Modern ensuite room in managed student complex
Concierge, gym, launderette and communal facilities on-site
Rents advertised from £620pcm; reported net yield 10.1%
Long lease — approx. 240 years remaining
Utilities inclusive; fully furnished studio/kitchenette
Cash-only sale — no mortgage purchasing indicated
Located in very deprived area with high local crime
Ground rent reported ~£350 and communal heating scheme
This is a purpose-built, fully managed ensuite room within Opto Village — a modern student and young-professional complex close to the University of Bedfordshire and town centre. The block offers concierge, on-site gym, launderette, secure bike storage and inclusive utility bills, making it straightforward to let to students or young professionals.
Room 134 (Block A) is sold as a cash-only investment with advertised rents from £620 pcm and a reported net yield of 10.1% for this room. The property benefits from a long lease (approx. 240 years remaining) and contemporary construction (2017), reducing immediate major-maintenance risk and simplifying management through the existing operator.
Buyers should weigh the material drawbacks: the site is in a very deprived area with high local crime levels, and the sale is cash-only. There is a communal heating scheme, an average ground rent of £350 (reported), and the property sits within a large shared student complex — factors that affect running costs, tenant profile and resale appeal. This opportunity is best suited to investors comfortable with student lets and the local market characteristics.
Flat share for sale in Room 118 Bock A Opto Village 4 Dumfries Street, Luton, LU1 — £40,000 • 1 bed • 1 bath • 1357 ft²
Flat share for sale in 304 Block A Opto Village, 4 Dumfries Street, Liverpool, LU1 — £45,000 • 1 bed • 1 bath
Flat share for sale in 301 Block A Opto Village, 4 Dumfries Street, Luton, LU1 — £39,000 • 1 bed • 1 bath • 2186 ft²
Studio flat for sale in 386 Block B Opto Village, 4 Dumfries Street, Luton, LU1 — £60,000 • 1 bed • 1 bath
Flat share for sale in Room 201 Block A Opto Village, 4 Dumfries Street, Luton, LU1 — £38,000 • 1 bed • 1 bath • 2186 ft²
Studio flat for sale in 349 Block B, Opto Village, 4 Dumfries Street, Luton, LU1 — £49,000 • 1 bed • 1 bath
