Studio Flat For Sale £70,000
Dumfries Street, Luton LU1

Own kitchen, bathroom and balcony... This property presents buyers with an excellent opportunity to profit from the growing demand for high quality student accommodation. Conveniently situated a short 10 minute walk from the university of Bedfordshire, and boasting an in house gym, study suites, cinema and recreational areas. With the property also comes a balcony with seating overlooking the communal gardens. This studio is perfectly suited to accommodate students studying at the University of Bedfordshire.

This property is currently subject to a fantastic guaranteed rent scheme, with the current owner guaranteed a net £6030 per annum. This £6030 is a net figure, as service charge, ground rent and maintenance are all included in the guaranteed rent scheme. This scheme is in place until late 2022, meaning that any prospective investor purchasing the property would be guaranteed a fantastic net 6.85% yield. Prospective buyers may also have the option of discontinuing the scheme, either to live in the property or to let out the property independently. Due to its location and specification, the property has excellent potential for air bnb.

The high specification of the studio and development is not fully conveyed through pictures, so viewings are highly advised. Call va Sales team on to arrange a viewing.

Balcony with seating and views over the Gardens

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.