Summary - FLAT 126, SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET LU1 5FT
1 bed 1 bath Studio
Turnkey student studio with high occupancy and inclusive bills.
Short walk to University of Bedfordshire and town centre
This compact studio in Opto Village offers turnkey student or young-professional accommodation with high occupancy history. Located a short walk from the University of Bedfordshire and town centre, the room is fully furnished and comes with on-site concierge, gym, launderette and secure bike storage. Utility bills (electricity, water and Wi‑Fi) are included under the current management, simplifying rent collection and tenant turnover.
The unit is modern and efficient, built in 2017 with an integrated kitchenette, a three-piece bathroom and contemporary furnishings. The block benefits from communal facilities and strong demand from students and young professionals, with the current advertised rent of £900 pcm and reported high occupancy across the development—making it suitable for investors seeking an income-producing asset.
Important practical points: this is a leasehold investment sold for cash only. Ground rent is reported at £350 (average), and heating is supplied via a community scheme. The apartment is small (302 sq ft) and therefore best suited to single occupants or couples rather than families. The surrounding area is classified as deprived with higher local crime levels; buyers should factor this into insurance, management and tenant screening costs.
Prospective purchasers should understand the property’s investment focus: short-term student and young-professional lets, managed communal services and inclusive billing reduce day-to-day management but may come with service and management arrangements and ongoing fees. For investors prioritising immediate rental income and low void rates, this ready-to-let studio offers an accessible entry point in Luton’s commuter and student market.
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