RW Invest says ..
Premium 2-bedroom apartment in new-build Luton development, offering 5% NET rental returns.
Property Oracle says ..
This is a 2-bedroom, 2-bathroom apartment located on Armstrong Road in Luton. The property is listed for £375,000 and has 900 sqft of living space. It is located near Luton Airport Parkway and Luton train station. The apartment appears to be in good condition, with modern fixtures and fittings. However, some nearby schools have ‘Requires Improvement’ Ofsted ratings. The price is reasonable for the area.
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
- 5
- Condition
- 8
- Location
- 6
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 900.00
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 %
- Est sale value
- 397,800.00 £Increased by 29.24 %
- Average area rental value
- 1,321.00 £/moIncreased by 1.54 %
- Est letting value
- 900.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.39 %Increased by 14.68 %
- Crime Rate
- 7.00 %Unchanged by 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chiltern Academy | Free Schools | 0.41 KM | |
| The Linden Academy | Free Schools | Requires improvement | 0.61 KM |
| Flying Start South @ Hart Hill Nursery School | Children's Centre Linked Site | 0.63 KM | |
| Hart Hill Nursery School | Local Authority Nursery School | Good | 0.73 KM |
| Wenlock Cofe Junior School | Voluntary Aided School | Requires improvement | 0.83 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kimpton Road | £ 0 | 0 | 0.00 KM |
| Armstrong Road | £ 0 | 0 | 0.00 KM |
| Whitecroft Road | £ 0 | 0 | 0.00 KM |
| Park Street | £ 0 | 0 | 0.00 KM |
| Derwent Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Luton Airport Parkway | 3645 | LTN | 0.60 KM |
| Luton | 1536 | LUT | 1.73 KM |
| Leagrave | 1534 | LEA | 7.26 KM |
| Harpenden | 1543 | HPD | 8.69 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| BMV Luton Investment | £ 400,000 | BUY | 5 / 10 | 0.00 KM |
| BMV Luton Investment | £ 375,000 | BUY | 5 / 10 | 0.00 KM |
| Armstrong Road, Luton | £ 525,000 | BUY | 6 / 10 | 0.00 KM |
| BMV Luton Investment | £ 350,000 | BUY | 6 / 10 | 0.00 KM |
| BMV Luton Investment | £ 219,950 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 Ketton Close | £ 178,000 | 0.28 KM |
| 95 Ketton Close | £ 257,000 | 0.28 KM |
| 33 Ketton Close | £ 315,000 | 0.28 KM |
| 19 Ketton Close | £ 165,000 | 0.28 KM |
| 91 Ketton Close | £ 305,000 | 0.28 KM |