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Park House

Luton, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Studio F31

£54,000.00

  • Invest From Just £54,000
  • Estimated Net Yields Of 7.5%
  • Completed & Tenanted Student Studios
  • Fully Managed By An Experienced Management Company
Purchase Process

Investment Highlights

  • Invest from only £54,000
  • Estimated net yields up to 7.5%
  • Fully managed development
  • Array of on-site facilities
  • Excellent transport links within 15 minutes drive
  • Perfectly located for students and commuters

Investment Breakdown

  • Park House, Luton - Investment Highlights
    Price - £54,000 (tenanted until February 2023)
    £600pcm x 12 months = £7,200.00 gross
    Service charge - £2,163 per year
    Lettings fee - 8% plus VAT = £691.00
    Ground Rent - £250.00 per annum (248 years from 2014)
    Net Return - £4,096.00 or 7.5% net

Nearby Amenities

  • University of Bedfordshire – 3 minute walk
  • Shops & Amenities – 14 minute walk
  • Luton Town Centre – 13 minute walk
  • Luton Train Station – 13 minute walk
  • Train to London – 20 minutes

Park House - Overview

Pure Investor are delighted to present Park House, a completed development offering luxury student apartments, ideally located in the growing economy of Luton.

Park House is an apartment block consisting of 147 ensuite rooms and studios that are perfect for students and young professionals with the nearest university located just 3 minutes away.

All rooms are fully furnished with a modern feel and residents of Park house can benefit from a range of on site, communal facilities including a gym, cinema room and laundry room. Park House is also a stones throw away from the town centre as well as Luton train station and airport.

The unit is currently tenanted  contract generating a gross rental income of £600.00 per month.

Purchase Process

1. Complete a reservation from to secure the unit and provide AML documents
2. Pay a £2,000 non-refundable reservation fee
3. Solicitors instructed
4. Balance due on completion (less reservation fee paid)

Park House - Key Points

Location

Location

Luton, United Kingdom

Price

Price

£54,000.00

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 7.5%

Development Availability

PropertySizeBedroomsPriceEnquire
Studio F3117.73 square metres-£54,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

Contact Us

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Call today on: +44 (0) 161 337 3890

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Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

Pure Investor - Property Investment