Studio 138, Block D Opto Village, 4 Dumfries Street, Luton, LU1
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Studio 138, Block D Opto Village, 4 Dumfries Street, Luton, LU1

By Urban Evolution

£ 60,000

Reviews

3 out of 5 stars

Urban Evolution says ..

Urban Evolution are delighted to bring to the market this modern, spacious studio with private balcony in the popular Opto Village development. Currently tenanted till May 2025 for £750pcm yield!!. Enquire today to find out more and arrange your viewing.

Property Oracle says ..

This studio apartment at Opto Village in Luton presents a potentially sound investment opportunity. The location is convenient, being close to the university and transport links, making it suitable for student rentals or young professionals. The property itself looks modern and well-maintained, as shown in the photographs provided. The communal areas, including the outdoor courtyard and gym, add significant value.

The lack of precise square footage and plot size makes a complete analysis challenging. However, comparing the list price to similar properties in Opto Village suggests it is within a reasonable price range. Further investigation into the exact size and specific condition of the unit would be required for a more comprehensive valuation. It’s crucial to examine the details of the current tenancy, including lease terms and potential for future rent increases, to fully understand the return on investment. The Luton location may be a factor for some, impacting the overall appeal depending on individual preferences.

The images show the communal areas and an apartment with well-maintained kitchen and bathroom. The external area is modern and well-maintained. The development benefits from shared recreational areas which would improve the tenant experience and therefore attract better rent returns. The property itself has modern furnishings and is presented in good condition.

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
8
Location
7
Land
2
Bedrooms
0
Bathrooms
1

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
279,877.00 £
Decreased by 1.23 %
from 283,358.00 £
Average area rental value
1,053.00 £/mo
Decreased by 7.39 %
from 1,137.00 £/mo
Est rental Yield
4.51 %
Decreased by 6.43 %
from 4.82 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Urban Evolution created the listing.

Nearby Schools

NameTypeOfstedDistance
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.21 KM
Chapel StChildren's Centre Linked Site0.28 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.63 KM
Tennyson Road Primary SchoolAcademy Converter0.64 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Windsor Street £ 000.00 KM
Castle Street £ 000.00 KM
Peel Street £ 125,00000.00 KM
A505 £ 000.00 KM
Buxton Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.85 KM
Luton Airport Parkway3645LTN2.53 KM
Leagrave1534LEA5.49 KM

Nearby Properties

AddressPriceDistance
16 Elizabeth Street £ 108,0000.09 KM
32 Elizabeth Street £ 132,0000.09 KM
18 Elizabeth Street £ 130,0000.09 KM
10 Elizabeth Street £ 136,6800.09 KM
40 Elizabeth Street £ 156,0000.09 KM