This property is no longer on the market
Studio
Key information
Property description & features
- Tenure: Leasehold (249 years remaining)
- Ideal hands off investment opportunity
- High yielding
- Continuously high tenant demand
- 22-minute train journey to London
- Tenant already in place
- Excellent development
INVESTMENT PROPERTY
Fully Managed By Urban EvolutionCompetitive NET Rental ReturnsModern FurnishingsPopular Rental AccommodationCash OnlySpacious Studio
Property Description
LT Properties are delighted to bring to the market this modern, spacious studio in excellent condition situated on the 5th floor. Currently tenanted till April 2023, 8.2% yield. Enquire today to find out more and arrange your viewing.
Opto, the future of the student and young professional accommodation. With over 561 rooms Opto offers ensuites and studios of all different styles that come fully equipped with deluxe furnishings. All rooms offer a modern and spacious feel, and we are only a short walk to the University of Bedfordshire and the town centre.
Studio comes fully furnished to include a 3-piece bathroom suite, double bed, wardrobe, a study desk & chair as standard. In addition, the kitchenette contains a fridge/freezer, hob & extractor fan as well as a small dining table & chair(s). Utility bills such as electricity, water & WiFi are all-inclusive.
Studios are perfect for individuals, couples or students looking for independent living with a range of prices and layouts to suit your budget.
Concierge and management staff will be on-site for added convenience and security. Tenants will also have 24-hour access to the buildings' communal facilities which include, a launderette & secure bike storage facilities.
Making Opto a fantastic investment for you and popular with tenants.
Tenure: Leasehold (249 years)
Ground Rent: £1,600 per year
Places of interest
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*DISCLAIMER
Property reference RS0142. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by LT Properties - Luton.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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