Studio flat · LU1 5FT
To rentListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** RESIDENCY MEMBERSHIP AVAILABLE FOR TENANTS including our NO DEPOSIT OPTION, GREATER PROTECTION FOR LANDLORDS - please call for more information *** Studio Apartment - Spring Place - Dumfries Street - LU1 5FT Ref: LUT250707 , available 17th November.
Leaders are delighted to introduce to the market this immaculate, large studio. Spring place is perfect for young professionals as it has everything you could need in one space! No parking.
£750 rent + £100 for heating, electric, water & WIFI Total = £850 PCM payable. Council tax paid seperately.
The Studio is modern and spacious and comes part furnished including a double bed, wardrobe, a study desk & chair as standard.
In addition, kitchenette contain a fridge/freezer, hob & extractor fan as well as a small dining table & chair.
Utility bills are included and are as followed: Electricity, water and Wi-Fi, Tenants will also have 24-hour access to the buildings’ communal facilities, which include, launderette & secure bike storage facilities.
What’s included? • Wireless internet • Fob entry access • Fully furnished rooms • Storage space • On-site gym • Cinema & games room • On-site laundry facilities • Bike racks • Study/meeting rooms
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Dumfries Street, Luton, Bedfordshire, LU1
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