£55,000 /Sale price

Looking to invest?? Park House is the perfect investment for you...Always fully occupied. F26 is let for £700pcm - Yield 8.5%!! Enquire to arrange your viewing today Park House is an apartment block consisting of 147 ensuite rooms and studios that are perfect for students and young professionals. All rooms are fully furnished with a modern feel. The Luton town centre is just a stone throw away as well as the train station. Rooms comes fully furnished to include a 3-piece bathroom suite, double bed, wardrobe, a study desk & chair as standard. In addition, kitchenette contain a fridge/freezer, hob & extractor fan as well as a small dining table & chair(s). Utility bills such as electricity, water & WiFi are all inclusive.Concierge and management staff will be on site for added convenience and security. Tenants will also have 24-hour access to the buildings’ communal facilities which include, launderette & secure bike storage facilities.Why Invest In LutonLuton is a town on London’s commuter belt boasting excellent road and rail links and the fifth busiest airport in the UK. In addition, great schools and an increasingly vibrant business environment make investment property Luton an enticing prospect.Ideal for those looking for a London commuter property outside of the capital. Luton catches the eye of property investors looking for decent capital gains. But with a lower entry point than the capital.Home to the University of Bedfordshire, Luton’s student rental market presents property investors with the potential for strong returns. The student population includes around 20,000 students from over 100 countries.The university is feeling the benefit of the town’s wider regeneration. The academic institution received £46 million investment in a state-of-the-art library and a £37 million STEM building which opened in 2019. Luton currently suffers from a student accommodation gap, and students are increasingly seeking quality private accommodation that can meet their needs. Luton’s student demographic makes investing in student rental property an appealing prospect.Investment in infrastructure projects continues to support Luton’s development. The town has attracted over £20 million of Levelling Up investment. Prior to the pandemic, the town’s economy was worth £6.3 billion per year and the town is investing in key sectors. These include aviation and transport as well as emerging sectors like the green economy and digital and creative industries.The Luton 2023 – 2040 vision sets out a plan for sustainable growth to create 12,000 new jobs and an additional £1.6 billion of economic activity per year, while simultaneously making Luton a hub for green technology, research and finance. By 2028, new major developments will include the competition of Power Court Stadium, The Stage and Hat Gardens.Investing in property in Luton means capitalising on the opportunities of a commuter town. With effortless connections to London and property prices of around half of those in the capital, it’s not hard to see why Luton remains a popular place for a wide range of investors and buyers.