Our Investments
The Foundry
Location
Luton
Price
Prices From £139,995
Return %
6% NET For 1 Year
Feature
Complete Development- Immediate Rental Income
Description
Property and Invest are proud to launch our latest residential investment opportunity in Luton- The Foundry. The Foundry brings 66 top specification one and two-bedroom apartments to a town on the up. With over a billion pounds being invested, Luton offers an exciting future & affordable living just 23 minutes from central London (Kings Cross Station)
The Foundry sits just a few minutes' walk to the town centre with amenities on its doorstep. Demand for affordable rental housing with close proximity to transport links has grown rapidly in recent years, as property prices in London continue to exceed affordability thresholds for many households living and working in the capital.
One of the most affordable commuter towns in reach of the capital, Luton was named the UK's top property investment hotspot in 2016 by the Halifax. A £1.5bn programme for new commercial, leisure and housing development is now underway to transform the town into an important satellite location and business hub, supported by the new £200m Luton Airport Parkway station that will connect the airport terminal to London from 2020.
Why Luton?
- Luton was named London's top commuter hotspot in 2019
- Benefitted from £1.5 billion of private investment alone & 18,500 new jobs created
- House prices have increased by 10% in the past year
- 23 minutes to London King's Cross by Train
- LONDON LUTON Airport on its doorstep - with 130 domestic and International flights
- Good motorway connections via the M1.
- Industry experts are projecting explosive growth over the next 5 years, showing Luton has the infrastructure on which to build future economic growth for years to come.
- There is a current shortfall of 14,400 properties within Luton
Specifications
- Prices from £139,995
- Complete Development- Immediate Rental Income
- 6% NET For 1 Year
- Fully Managed
- 999 Year Leashold
- On-Site Parking Available
- Excellent Source of Additional Income