LUTON Investor Information
LUTON Investor Information
LUTON OVERVIEW Credited as one of the country s top five most affordable towns and one of the fastest growing areas for business and regenerative growth, Luton is a fantastic location for both first-time buyers and Buy-to-Let investors, particularly as Luton station is also nearby, offering direct journeys of just 24 into central London s St Pancras International. *Timings are approximate. Source: www.tfl.gov.uk. Walking times taken from google.com. Luton was the UK s property hotspot last year, according to the UK s largest mortgage lender Luton saw house prices rise 19.4% in 2016, the Halifax said Expected returns of up to 6% per annum Strong capital growth potential: property prices are set to increase by 41% between 2016 and 2019 (Landbay) Rents increased by 6.61% in 2016 (Landbay) 24 mins by train to Central London*
Luton has a 1.5 billion inward investment plan in place over the next 20 years 18,500 new jobs are being created which will lead to an increased demand for housing in an area with an already existing undersupply Figures suggest that property prices in the South East of England are increasing at a faster rate than in the capital, as the demand to live in commuter towns surrounding London soars Luton s unrivalled combination of superb infrastructure, great accessibility and a skilled workforce is making it one of the UK s best opportunities when it comes to business and investment Luton s appeal is much more than its location and affordability, it is the top town in the UK for super-fast broadband connectivity and with a number of major development schemes coming forward, including a 395 acre Enterprise Zone, it starts to become obvious why Luton is fast becoming a destination of choice for many businesses London Luton Airport is set for a 110 million redevelopment which is set to increase annual capacity by 50%, from 12 to 18 million by 2020
KEY DESTINATIONS FROM LUTON STATION Named the top place to invest in Buy-to-Let property according to LendInvest s quarterly index, Luton is one of the fastest growing areas in the Home Counties, with many now choosing to commute into central London rather than live in the capital. LUTON St Albans City St Pancras International Farringdon London Blackfriars Gatwick Airport 13 24 43 45 1hr 30 *Timings are approximate. Source: www.tfl.gov.uk. Walking times taken from google.com. University College London Gower Street, London WC1E 6BT 28 School of Oriental and African Studies Thornhaugh Street, London WC1H 0XG 27 Central St. Martins Granary Building, London N1C 4AA 26 Royal Veterinary College Royal College Street, London NW1 0TU 32 University of London Senate House Malet Street, London WC1E 7HU 27
SAXON SQUARE, LUTON Prices from 190,000 999 Year lease Payment Terms: 10% on exchange / 5% 6 months later Building Warranty: NHBC Launching May 2017 Completing Second Half of 2019 Gross yields anticipated to be as much as 5.2%
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