Summary - FLAT 279, SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET LU1 5FT
1 bed 1 bath Studio
Let until 2026 with inclusive bills and on-site management for a hassle-free income.
"Rented to Feb 2026 generating 8.6% gross yield"
"Bills included and fully managed on-site"
"Built 2017 with modern fixtures and integrated kitchenette"
"Compact studio — best for single occupants or students"
"Leasehold tenure; check remaining term and service charges"
"Located in an area with high crime and very high deprivation"
"Cash-only purchase; vacant possession not immediate"
"Community heating scheme — limited individual control over heating costs"
A compact, fully furnished studio in a purpose-built student block, rented until February 2026 producing a stated 8.6% gross yield. The sale is cash-only and the unit is managed on-site with bills included, offering a hands-off income stream for investors seeking immediate rent roll and simplified day-to-day management.
The flat was built in 2017 and benefits from modern fixtures: integrated kitchenette, contemporary bathroom, built-in storage and communal amenities including launderette, secure bike storage and 24-hour building access. The property uses a community heating scheme and comes with concierge and management staff on site, which helps with tenant retention and upkeep.
Buyers should note material factors: the property is leasehold, the local area records high crime and very high deprivation, and the studio is compact — better suited to single occupants, students or young professionals. The listing is cash-only and the current tenancy runs to early 2026, so vacant possession will not be immediate.
For investors focused on the university rental market, the flat’s proximity to the University of Bedfordshire and town centre is a clear plus. However, consider long-term plans for capital growth versus the local social challenges and the implications of leasehold ownership and community heating on running costs and management control.
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