LU1 5FT - Studio flat for sale in 242 Block B Opto Village 4 Dumfries…

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Studio flat for sale in 242 Block B Opto Village 4 Dumfries Street, Luton, LU1

Summary - FLAT 242, SPRING PLACE STUDENT HALLS, 4 DUMFRIES STREET LU1 5FT

1 bed 1 bath Studio

Turnkey student studio near University — cash-sale, leasehold investment.
Fully furnished studio with ensuite and kitchenette included
A compact, self-contained studio in the modern Opto Village development, offered fully furnished and ready for immediate let. The building (2017) includes concierge, gym and communal facilities, and the unit comes with an ensuite, kitchenette and furnishings; utility bills and WiFi are included in the standard management offering, simplifying short-term letting or student occupancy.

Located in Luton town centre and a short walk to the University of Bedfordshire, this studio sits in a market with clear student demand and commuter appeal. On-site management, secure bike storage and launderette support lettings, while good transport links and nearby amenities make the location attractive to students and young professionals.

Important purchase considerations are straightforward: the sale is cash only and the property is leasehold. Ground rent is payable (listed at £350) and there is a service charge (below average). Heating is provided via a community scheme. The wider area has high crime rates and above-average deprivation, which can affect longer-term capital growth and family market demand.

This unit is best-suited to investors or buyers seeking an easy-to-manage rental asset focused on the student/young professional market. The property’s turnkey state and building facilities reduce management overheads, but factor in the lease terms, on-going charges and local area challenges when assessing yield and resale prospects.

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