BMV Luton Investment
RW

BMV Luton Investment

By RW Invest

£ 350,000

Reviews

3 out of 5 stars

RW Invest says ..

Premium 2-bedroom apartment in new-build Luton development, offering 5% NET rental returns.

Property Oracle says ..

This property is a modern apartment located in Luton, Bedfordshire. The apartment is in excellent condition and appears to be newly renovated or built. It benefits from two bedrooms and two bathrooms. While the plot size is zero, indicating no private outdoor space, the location offers proximity to Luton Airport Parkway train station and several schools. The list price of £350,000 is slightly above the average price for the area (£309,401), but considering the modern condition and proximity to transport links, it may represent reasonable value. More information on the size of the apartment would be needed to make a definitive judgment on the price-per-square-foot value. The nearby listings show a range of prices, suggesting some price variability in the area.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
800.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
294,369.00 £
Decreased by 11.29 %
from 331,837.00 £
Est sale value
353,600.00 £
Increased by 29.24 %
from 273,600.00 £
Average area rental value
1,321.00 £/mo
Increased by 1.54 %
from 1,301.00 £/mo
Est letting value
800.00 £/mo
Unchanged by 0.00 %
from 800.00 £/mo
Est rental Yield
5.39 %
Increased by 14.68 %
from 4.70 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • RW Invest created the listing.

Nearby Schools

NameTypeOfstedDistance
Chiltern AcademyFree Schools0.41 KM
The Linden AcademyFree SchoolsRequires improvement0.61 KM
Flying Start South @ Hart Hill Nursery SchoolChildren's Centre Linked Site0.63 KM
Hart Hill Nursery SchoolLocal Authority Nursery SchoolGood0.73 KM
Wenlock Cofe Junior SchoolVoluntary Aided SchoolRequires improvement0.83 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Kimpton Road £ 000.00 KM
Armstrong Road £ 000.00 KM
Whitecroft Road £ 000.00 KM
Park Street £ 000.00 KM
Derwent Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton Airport Parkway3645LTN0.60 KM
Luton1536LUT1.73 KM
Leagrave1534LEA7.26 KM
Harpenden1543HPD8.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
BMV Luton Investment £ 219,950BUYUnknown0.00 KM
BMV Luton Investment £ 159,950BUY6 / 100.00 KM
BMV Luton Investment £ 249,950BUY6 / 100.00 KM
BMV Luton Investment £ 400,000BUY7 / 100.00 KM
BMV Luton Investment £ 249,950BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
63 Ketton Close £ 180,0000.28 KM
57 Ketton Close £ 145,0000.28 KM
73 Ketton Close £ 267,5000.28 KM
95 Ketton Close £ 257,0000.28 KM
14 Ketton Close £ 190,0000.28 KM