238 luxury one and two bed apartments set over three blocks in the heart of Luton with prices starting from £189,000. Luton is one of the fastest growing areas for business & regeneration and is within the London commuter belt.
Whilst capital gains are a favourable benefit for anyone with a long-term strategy in investment property, first and foremost comes rental income and again Luton is among the predicted top performers in the next few years according to Savills.
Luton will see a further 1.5bn investment over the next 20 years the programme will create 18,000 new jobs from major developments which will include a new stadium for Luton FC a 7-mil sq. ft. Hilton Hotel and a major town centre regeneration project.
According to research from Rightmove, the next 3-4years will see investors rental assets climb considerably in value with prices set to rocket by an average of 30.2% Nationwide by 2019 and Luton will be one of the best performers in this time, capitalising on the spread of London commuters away from the capital.
Data shows that the Bedfordshire town property value is forecast to jump by an average of 41% between 2016 – 2019 adding a further £56k on average to the value of property. This makes Luton a fantastic investment hotspot.