Summary - FLAT 417, SPRING PLACE STUDENT HALLS, 4, DUMFRIES STREET LU1 5FT
1 bed 1 bath Studio
Fully furnished income unit near university and station.
- Ready-made income: studio rents from £750 pcm
This compact studio in Opto Village is offered as a ready-made rental asset with immediate income potential. The unit is fully furnished, benefits from on-site amenities such as a gym, laundry, and 24-hour security, and sits within walking distance of the University of Bedfordshire, town centre and Luton station. Current marketing data indicates high occupancy across the development and typical studio rents from around £750 pcm, supporting strong yield prospects for investors.
The property is leasehold and purpose-built for students and young professionals, so budget-conscious buyers should expect a small, efficient living space rather than a general-market flat. The building is designed for low-maintenance management and most tenancy packages include bills and basic broadband (with an optional upgrade available). Onsite communal facilities and secure fob access help sustain tenant demand and reduce void risk.
Buyers must weigh clear locational advantages against material negatives: the local area is classified as deprived and recorded crime levels are high, which may affect broader market appeal and resale pricing. The studio’s footprint is small and best suited to short-stay student or commuter lets rather than a long-term family home. The unit sold as part of a larger development means ground rent/service charges and lease restrictions will apply; purchasers should review the lease terms and management arrangements before committing.
Overall, this is a straightforward, income-generating opportunity for an investor seeking an operational, fully managed student-style studio close to transport and the university. It offers immediate cashflow potential but carries neighbourhood and tenure considerations that impact long-term capital growth.
Studio flat for sale in 4.08 D, Opto Village, 4 Dumfries Street, Luton, LU1 — £65,000 • 1 bed • 1 bath
Studio flat for sale in 3.08D, Opto Village , 4 Dumfries Street, Luton, LU1 — £65,000 • 1 bed • 1 bath
Studio flat for sale in 126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1 — £70,000 • 1 bed • 1 bath • 302 ft²
Studio flat for sale in G49 Block C, Opto Village 4 Dumfries Street, Luton, LU1 — £68,000 • 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
Studio flat for sale in 418 Opto Village, 4 Dumfries Street, Luton, LU1 — £67,000 • 1 bed • 1 bath
