Unit 150, Block C, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1
UR

Unit 150, Block C, Opto Village, Spring Place, 4 Dumfries Street, Luton, LU1

By Urban Evolution

£ 55,000

Reviews

2 out of 5 stars

Urban Evolution says ..

Urban Evolution are delighted to bring to the market this modern spacious studio currently let for £800pcm. Enquire today to find out more and arrange your viewing.

Property Oracle says ..

This studio apartment in Luton’s Opto Village offers a modern and well-maintained living space. The property’s location is advantageous, being near Luton town centre and the University, providing access to transportation, amenities, and a potential rental market. The apartment appears to be in good condition, based on the photos showcasing modern fixtures and fittings. However, the absence of information regarding the property’s size makes a complete assessment of value challenging. The asking price falls within the range of similar properties within the Opto Village complex but lacks broader market context due to missing square footage data. Investors might find this an appealing option due to the proximity to the University and the potential for rental income. Overall, the property presents itself as a functional studio apartment in a convenient location within a larger development. Potential buyers/investors should carefully consider the overall size and price per square foot compared to other studio offerings in the area to fully assess its worth. The lack of external space is a notable limitation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
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 marked this listing as sold.

  • 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

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32 Elizabeth Street £ 132,0000.09 KM