This stylish studio apartment is fully furnished and includes a double bed, an
en - suite bathroom, a wardrobe, storage space and a study area with a desk and
chair; as well as access to a communal kitchen and living area. Residents of
Spring Place benefit from its amazing communal areas including a gym, cinema,
games room, study areas, outdoor leisure and sports facilities and gardens.
This is alongside the necessities such as laundry facilities, Wi - Fi, secure
bicycle storage, an onsite accommodation team and 24hr CCTV and security. It's
no surprise that Spring Place is such a popular choice amongst students at the
University of Bedfordshire.
Spring Place is ideally located only a 5 - minute walk away from the University
of Bedfordshire and a 22 - minute train journey into the centre of London.
Spring Place also has Luton town centre right on its doorstep with an
abundance of high street shops, bars, restaurants and attractions to visit.
Luton has fantastic transport links with its train station which is only a
10 - minute walk away and London Luton Airport which is easily accessible via
public transport or a 40 - minute walk, making it incredibly easy for both UK
and overseas students to travel to and from their home towns.
The University of Bedfordshire is home to over 24, 000 students from over 100
countries and opened a brand new £34m campus in 2010 which includes state - of -
the - art facilities such as a pe and Sport Science Centre, Business Pods, dance
studios and a 280 - seat theatre. The University of Bedfordshire's popularity is
steadily increasing after being voted in the top 25 universities for student
satisfaction for three years in a row; meaning that as more students want to
study at this university, high - quality accommodation such as Spring Place will
be in high demand. This is the perfect student investment opportunity!
**Please note the pictures used are for marketing purposes only, enquire today
for more information**
**Financial Breakdown**
Gross rent: £7, 560
Ground rent: £350
Service charge: £2, 102
Lettings fees: £544
Net income: £4, 564
Gross yield: 17. 58%
Net yield: 10. 61%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07385

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