- Conversion of former government office
- Studios and one bed apartments
- Affordable, luxury apartments from just £172k
- Luton to London, St Pancras in just 23 minutes
- Luton came TOP in ‘LendInvest’ UK Buy-to-Let Index
- Perfect for first time buyers and as an investment purchase
- Extremely close to the University of Bedfordshire
- 250 year lease + parking
This four storey development – which was originally a government office building – will be converted into a vibrant collection of studio and one bedroom apartments, each designed to the highest specification both inside and outside. The façade of the building will be made up of unique coloured panels whilst the ground
floor is set aside for commercial purposes – perfect for those seeking accommodation with good local amenities at their doorstep. The property is also adjacent to The University of Bedfordshire Luton campus and just 400 metres from Luton Rail Station.
Luton has already witnessed 22% growth over the past 12 months and this does not count the £1.5 billion being invested into the area. This is part of a 20 year plan which will create over 18,000 jobs It is currently one of the cheapest towns to commute from London to which just adds to its desirability and appeal to renters. Property in Luton is already in high demand as commuters and families are targeting affordable homes with close proximity to London for comfortability. The International Business Times has gone on to confirm this trend by rating Luton in the top five of the UK’s highest growth areas list. As it stands, rents in Luton are increasing four times faster than in the capital due to rental growth in London pushing people out towards commuter belts.
Luton is a truly multicultural town with a number of people, languages and religions living and working in the area.
The town’s population now sits at 214,700 after a growth rate increase of 1.8% between 2014 and 2015 – this is faster than the national growth rate of 0.8%!
Take a look at just a few of the major developments taking place in Luton over the next few years:
Butterfield Business Park – Over 1 million sq. ft. commercial and Hilton Hotel development
High Town – Major Town Centre regeneration project
Luton Cultural Quarter – Major investment in the Arts
Napier Gateway – Mixed use development with public piazza, public realm, residential, hotel, retail and leisure space
Mass Passenger Transit System – Only found in major international airports
LUTON TO LONDON IN JUST 23 MINUTES!
Luton is just 30 miles North of London and trains from Luton Station only take 23 minutes to arrive at London, St Pancras station. This means commuters can enjoy slightly more rural living one moment, and the hustle of bustle of the inner city life the next.
While travelling by train has proved to be one of the most efficient and speedy modes of transport from Luton, its airport boasts an even more exciting story.
London Luton Airport was the fastest growing airport in the UK in 2015 and it is currently the 5th busiest airport in the UK. In the last 12 months, four new airlines have joined the airport while 20 new routes were launched and the airport will undergo major investment to increase capacity by 50% to 18 million passengers.