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 %
- Average area rental value
- 1,053.00 £/moDecreased by 7.39 %
- Est rental Yield
- 4.51 %Decreased by 6.43 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Urban Evolution created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chapel Street Nursery School | Local Authority Nursery School | Good | 0.21 KM |
| Chapel St | Children's Centre Linked Site | 0.28 KM | |
| Rothesay Nursery School | Local Authority Nursery School | Good | 0.63 KM |
| Tennyson Road Primary School | Academy Converter | 0.64 KM | |
| Rothesay Nursery & Children'S Centre | Children's Centre Linked Site | 0.65 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Windsor Street | £ 0 | 0 | 0.00 KM |
| Castle Street | £ 0 | 0 | 0.00 KM |
| Peel Street | £ 125,000 | 0 | 0.00 KM |
| A505 | £ 0 | 0 | 0.00 KM |
| Buxton Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton | 1536 | LUT | 0.85 KM |
| Luton Airport Parkway | 3645 | LTN | 2.53 KM |
| Leagrave | 1534 | LEA | 5.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 126 Block A, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1 | £ 73,000 | BUY | 5 / 10 | 0.00 KM |
| Studio 138, Block D Opto Village, 4 Dumfries Street, Luton, LU1 | £ 60,000 | BUY | 6 / 10 | 0.00 KM |
| Apartment AO4, Opto Village, 4 Dumfries Street, Luton, LU1 | £ 68,000 | BUY | Unknown | 0.00 KM |
| Unit 150, Block C, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1 | £ 55,000 | BUY | 5 / 10 | 0.00 KM |
| 339 Block B Opto Village 4 Dumfries Street, Luton, LU1 | £ 60,000 | BUY | 8 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Elizabeth Street | £ 108,000 | 0.09 KM |
| 32 Elizabeth Street | £ 132,000 | 0.09 KM |
| 18 Elizabeth Street | £ 130,000 | 0.09 KM |
| 10 Elizabeth Street | £ 136,680 | 0.09 KM |
| 40 Elizabeth Street | £ 156,000 | 0.09 KM |