Summary - EBENEZER STRICT BAPTIST CHAPEL, HASTINGS STREET LU1 5BE
2 bed 2 bath Apartment
High-spec 2-bed new build with concierge, parking and commuter appeal..
- Projected 5% net rental returns (estimate)
- New-build, high-spec interior and integrated kitchen
- Onsite concierge service and secure off-street parking
- Close to bars, restaurants and transport links to London
- Fast broadband and excellent mobile signal
- Area classed as deprived with high local crime rates
- Tenure unknown — confirm before purchase or financing
- Suited to investors targeting commuters and student lets
A contemporary two-bedroom new-build apartment in Luton’s LU1 regeneration zone, presented with high-spec finishes and an integrated modern kitchen. The development is led by a recognised UK developer and offers onsite concierge, secure off-street parking and fast broadband — features that appeal to young professional and commuter tenants. Projected net rental returns are estimated at 5%, making this a focused buy-to-let opportunity within easy rail commutes to London.
The neighbourhood offers a lively mix of bars, restaurants and local amenities, plus several nearby primary and secondary schools (two rated Outstanding). Mobile signal is excellent and transport links are close by, supporting strong tenant demand from London commuters and local students. The apartment suits investors targeting rental income or buyers seeking a low-maintenance city base.
Buyers should consider material negatives: the wider area is classed as deprived and local crime levels are high, which may affect tenant profile and insurance costs. Tenure is not specified — this will affect mortgage options and running costs and should be confirmed early. While the property is new, purchasers should budget for service charges and confirm management arrangements and full financial projections before purchase.
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