Completing in June 2019, Latimer Place consists of luxury one and two bed apartments set over three blocks in the heart of Luton, just 30 minutes by train from central London.The development provides the ultimate modern living experience with architects having designed each apartment with space in mind. Sophisticated finishing touches have been introduced to find the right balance between style and comfort.
Living areas include satellite TV, USB and media points with double glazing throughout combined with energy efficient central heating and attractive and practical wooden flooring.
Latimer Place has an extremely attractive location; Luton is one of the fastest growing areas for business & regeneration and is within the London commuter belt.
The town experienced a massive 19.4% rise in property prices in 2016 making Luton the UK’s number 1 property investment hotspot, according to a Halifax Building Society study. Looking ahead property prices in Luton are expected rise by 41% in the next 5 years!
Additionally the town will receive a further £1.5 billion of investment over the next 20 years, creating just over 18,000 jobs, with employment growth set to rise at 2.3% per year over the next 4 years alone!
Perfectly located for students looking for the very best accommodation with a city centre location, literally a short walk or tram ride to all famous landmarks and points of interests.
Whilst capital gains are a favourable benefit for anyone with a long-term strategy in investment property, first and foremost comes rental income and again Luton is
among the predicted top performers in the next few years according to Savills.
Investment will drive the property boom in Luton and new developments in the area will include a new stadium for Luton FC, a 7-mil sq. ft. Hilton Hotel and a major town centre regeneration project. According to research from Rightmove, the next 3-4 years will see investors rental assets climb considerably in value with prices set to rocket by an average of 30.2% nationwide by 2019 and Luton will be one of the best performers in this time, capitalising on the spread of London commuters away from the capital.
Data shows that the Bedfordshire town property value is forecast to jump by an average of 41% between 2016 – 2019 adding a further £56k on average to the value of property.
This makes Luton a fantastic investment hotspot!
1/ £6,000 RESERVATION FEE
(includes £1000 admin fee)
2// 50% VALUE OF PURCHASE PRICE
(less £5000) on exchange of contract (within 28 days)
3/// REMAINING BALANCE
upon completion October 2017