Summary - SPRING PLACE STUDENT HALLS, 4, DUMFRIES STREET, LUTON LU1 5FT
1 bed 1 bath Not Specified
Newly renovated studio, approx. 313 sq ft
A compact, newly renovated studio in Spring Place Student Halls, positioned in Luton town centre and aimed squarely at buy-to-let investors. The flat (approx. 313 sq ft) offers a practical open-plan layout, communal kitchen and attractive shared communal areas designed for student rental demand.
Key strengths are location and tenancy potential: the building sits close to transport links, shops, bars and campus-aged renters, with fast broadband and excellent mobile signal supporting high occupancy. The 240-year lease and new construction (2017) provide long-term tenure security for investors.
Buyers should note material drawbacks: this sale is for cash buyers only, the property is leasehold on a community heating scheme, and the surrounding area is classed as deprived with higher local crime rates. The studio’s small size limits owner-occupier appeal and may cap rental growth compared with larger units.
Overall this is a straightforward, low-maintenance investment for purchasers targeting student or city-centre rental demand. It performs well as a hands-off let thanks to communal facilities and recent refurbishment, but factor in the urban location’s social indicators and the cash-purchase requirement when assessing yield and risk.
1 bedroom flat for sale in Dumfries Street, Luton, Bedfordshire, LU1 — £65,000 • 1 bed • 1 bath • 358 ft²
Studio flat for sale in Dumfries Street, Luton, Bedfordshire, LU1 — £54,000 • 1 bed • 1 bath
1 bedroom flat for sale in Dumfries Street, Luton, LU1 — £55,000 • 1 bed • 1 bath
Studio flat for sale in Unit 339, Spring Place Student Halls, 4 Dumfries Street, Luton, LU1 — £45,000 • 1 bed • 1 bath • 302 ft²
Studio flat for sale in G36, Block B, Opto Village, 4 Dumfries Street, Luton, LU1 — £62,000 • 1 bed • 1 bath
Studio flat for sale in 242 Block B Opto Village 4 Dumfries Street, Luton, LU1 — £60,000 • 1 bed • 1 bath
