301 Block A, Opto Village, Spring Place Student Halls, 4 Dumfries Street, Luton, LU1 5FT
MC

301 Block A, Opto Village, Spring Place Student Halls, 4 Dumfries Street, Luton, LU1 5FT

By McHugh & Co

£ 20,000

Reviews

2 out of 5 stars

McHugh & Co says ..

LOT 96 **FOR SALE BY ONLINE AUCTION** on 15th May 2025 Leasehold Studio Apartment Investment

Property Oracle says ..

The property is located in Luton, within the South Locality. The area has good transport links, with Luton train station being 0.83km away. Several schools are also nearby, including Chapel Street Nursery School (0.24km) and Rothesay Nursery School (0.63km). The proximity to these amenities is positive. However, without further information on the specific quality of the schools and the overall character of the immediate neighborhood, a definitive assessment of the location score is difficult. The image provided shows a modern, well-maintained apartment building. There is no visible evidence of disrepair or the need for renovation. The building appears to be in excellent condition. The property is an apartment, therefore it does not have any associated land. The list price is £20,000. This is significantly lower than the average house price in the area (£269,233) and the prices of nearby properties. Nearby listings for similar property types range from £39,000 to £70,000. The extremely low price may indicate that the property has some hidden issues not apparent in the image or description or that it is being sold under unique circumstances (e.g., a distressed sale). Given the lack of information regarding square footage and the significant price discrepancy, a comprehensive evaluation of the price’s reasonableness is impossible.

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
3
Condition
10
Location
7
Land
1
Bedrooms
1
Bathrooms
0

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

  • McHugh & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
Chapel Street Nursery SchoolLocal Authority Nursery SchoolGood0.24 KM
Chapel StChildren's Centre Linked Site0.30 KM
Rothesay Nursery SchoolLocal Authority Nursery SchoolGood0.63 KM
Tennyson Road Primary SchoolAcademy Converter0.66 KM
Rothesay Nursery & Children'S CentreChildren's Centre Linked Site0.66 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Luton1536LUT0.83 KM
Luton Airport Parkway3645LTN2.52 KM
Leagrave1534LEA5.48 KM

Nearby Properties

AddressPriceDistance
23 Hastings Street £ 295,0000.10 KM
52 Hastings Street £ 240,0000.10 KM
50 Hastings Street £ 175,0000.10 KM
54 Hastings Street £ 90,0000.10 KM
38 Hastings Street £ 172,5000.10 KM