Studio

Mill Street, 
Luton, 
LU1 2NA
Purchase price
£100,000
  • Size: 45 sqm
  • Tenanted
ATTENTION INVESTORS – GENERATE A 7% NET YIELD WITH THIS EXCELLENT STUDIO! Fully furnished and offered as a turnkey investment, ready to let or move into, this property is ideally located in the heart of Luton. Don’t miss out – enquire today!
  • Financial Performance*
Gross rent
£9,600
Service charge
£2,844
Net income
£6,756
Gross yield
9.6%
Net yield
6.76%
  • Key Features
  • Tenanted Investment Opportunity
  • Second Floor
  • Spacious Studio Apartment
  • Well Proportioned Living
  • Modern Bathroom
  • Town Centre Location
  • Excellent Transport Links
  • Close To Local Shops And Amenities

yieldit are pleased to offer to the market this generously proportioned studio apartment, ideally situated within Summerview Court on Mill Street, in the heart of Luton. Located on the second floor, the property offers spacious and versatile living accommodation with a well presented main living area and a separate bathroom, providing a comfortable and practical home in a highly convenient town centre location.

Luton offers a wide range of shopping, dining and leisure facilities, with the town centre providing easy access to supermarkets, restaurants, cafés and everyday amenities. Luton railway station is within easy reach and provides regular services to London St Pancras, making the area particularly convenient for commuters. London Luton Airport is also easily accessible, while the M1 provides excellent road connections to London, Milton Keynes and surrounding areas.

Luton is benefiting from significant ongoing investment and regeneration, with a number of major projects focused on transforming the town centre and surrounding areas. The council is working to improve public spaces, leisure facilities, retail provision and residential opportunities, with the aim of creating a more vibrant and attractive town centre. A key development is The Stage on Bute Street, a major mixed use regeneration scheme which will provide new homes, commercial space, a performance venue, food and drink facilities and improved public spaces. The wider investment taking place across Central Luton is expected to support continued economic growth and enhance the town’s long term appeal for residents, businesses and investors.

  • Financial Performance *
Gross rent
£9,600
Service charge
£2,844
Net income
£6,756
Gross yield
9.6%
Net yield
6.76%

Fill in your details below to enquire about property YL-08630
Studio

Mill Street, 
Luton
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*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC