Yields based on LU4 are 4.9%. rob@propertyinvestmentsuk.co.uk. 10 Westminster Road, 2-Bed: 5.0% Planning Activity Level: Very High 4-Bed: £404k Luton Cultural Trust is working to develop the Hat District, a new cultural quarter where artists, makers, students, producers, audiences, visitors, learners and creative businesses can share their knowledge and skills. 1-Bed: 5.1% Limbury is a one-time village which has gradually become a residential suburb of Luton. You can discover what walks are available by visiting the National Trust website. Yields (LU2) are 4.7%. Trains also run to Bedford, Brighton, Corby, Sutton (via Wimbledon) and Three Bridges. Forming the westernmost part of the Luton/Dunstable Urban Area and being the largest settlement of Central Bedfordshire it would be remiss to not to look at Dunstable, here. Much of Luton bears hallmarks of its boom days after the First World War. Here we’ll look at the different areas you can invest in property in Luton, based on the different wards within the town. Estate agents Jackson-Stops have named Luton as London’s top commuter hotspot for 2018 and 2019 thanks to its affordable housing and a higher quality commute than other locations on London’s fringe. Great choice of executive and family homes, Access to The Chiltern Hills and Dunstable Downs. Average House Price: £308,718. This collection was gathered over a period of 50 years and features many different types of horse-drawn vehicles. Detached executive homes can be found on Statham Close, many of which have roomy kitchens and decent-sized gardens. The research, conducted by regulated property buyers, Good Move , looked at population numbers, crime rates, green space, house prices, Ofsted ratings, and disposable income from counties and regions across the country. Planning Activity Level: Very High Search for 1920-30s semis along The Avenue or Beechwood Road. Smith. It will speed passengers from the railway station to the airport in just four minutes when it opens in 2021. Houghton Regis - 39.03 per cent. Zoopla Limited is an appointed representative of Loans Warehouse Limited which is authorised and regulated by the Financial Conduct Authority (FRN 713110) to introduce clients to Loans Warehouse Limited and distributing non-real time financial promotions that relate to products of services available through Loans Warehouse Limited. It's been running since 2000 and features a parade with Irish music, dance and drama. 3642372. 3-Bed: 4.2% The one-time village of Leagrave is now a largely residential suburb between Luton and Dunstable. It also provides around 9,000 direct jobs and supports many thousands more in the local area. Construction Cost: 193.2m While Luton doesn’t have the most fashionable image perhaps there are lots of reasons why property investors should consider investing in Luton property: Luton has a thriving economy, is home to a major airport and still has some of the cheapest property in south-east England. It is expected it will help the airport grow even larger in the future, so good news for jobs in Luton. It consists of residential estates built from the 1980s onwards and is popular with families. You can check the latest figures with the Zoopla house price tool. Luton is also considering making a bid to become the UK City of Culture in 2025, which could help raise Luton’s profile and attract even more new investment to the town. Total Est. Property investing, like any investment, carries risks. Luton is a large town nestled next to the Dunstable Downs and Chiltern Hills in Bedfordshire. A home in the Barton Hills area puts you within easy reach of a large nature reserve. By car: To the west of the town centre is the M1, which connects commuters to London in the south. That means investors could expect yields over 6%. If you're looking at Luton … Living room. Population: 8,000 Full of hopes of those who wanted to live in London, but had to settle for the cheapest alternative. For full details, disclaimer and policies click here. Autonet Insurance Services Ltd has its registered office at Nile Street, Burslem, Stoke-on-Trent ST6 2BA United Kingdom. Luton itself has seven parks, including Stockwood Park. Also in a park is Stockwood Discovery Centre. The Property Investor's Handbook Construction Cost: 35.5m Wrest Park. What are retirement interest-only mortgages? Number of Applications: 251 Traditional Indian dishes inspired by all 22 regions of India are on the menu at Stopsley Cuisine. 2-Bed: £192k You may unsubscribe or update your preferences at any time in MyZoopla, The 5 things homeowners wish they’d checked before buying, 8 ways to keep your house purchase on track, How first-time buyers can step on to the property ladder, Thinking about downsizing in retirement? It currently has flights to more than 30 countries and 70 destinations across Europe, the Middle East and North Africa. Average House Price: £268,752. High profile companies here include aerospace company Leonardo, AstraZeneca, Ernst & Young, airline EasyJet and travel company TUI UK & Ireland which employs over 1,000 people alone. This area is situated just north of Wardown Park, which is an attractive open space with plenty of sporting facilities, a lake and Wardown Park Museum. For much larger, and grander, detached homes, take a look at the mock Tudor detached properties on Holford Way. Average House Price: £308,718. Yields here (LU2) are 4.7%. Luton is also enjoying increasing popularity as a place for London commuters to live. Application Success Rate: 67%, 1-Bed: £154k It explores the history of the region with exhibits that include Luton's last tram. Yields here are (LU3 and LU4) are around 5% on average. Wigmore/Stopsley area is nice, although due to the proximity of the airport is very popular. 4-Bed: No Data, Timeframe: April '19-December '19 I used to live here and go back very now and then definitely one of my fave areas. A number of reports say that Luton is one of the best buy-to-let locations for property investors, thanks to affordable property prices, strong rents and good demand for Luton property to let. Number of Applications: 173 The airport isn’t just convenient for those who live in Luton though. … Add message | Report | See all. £1,253. Kitchen. Average House Price: £308,718. The airport is also undergoing a £110m expansion project, to increase capacity. 4-Bed: 3.5%, Timeframe: April '19-December '19 With big plans for its future, through a combination of creating more local jobs, and enhancing the town's prosperity, the quality of life for Luton residents continues to improve. Population: 7,000 They have more police patrols, LED street lights and cleaner streets overall. 4-Bed: £311k, 1-Bed: £656 PCM Challney is also to the north but has a smaller price tag. This may be easier than driving to the airport as the road leading into the airport gets quite clogged up at times. 4-Bed: No Data, Timeframe: April '19-December '19 Take my advice and go for Harpenden or St. Albans. Investors looking to invest in Luton can find out about the licences you might need to let property in Luton from the Luton Council website. 5-Bed: £427k, Studio: £534 PCM 3-Bed: 4.5% Traveling … Population: 13,600 2-Bed: 4.5% 3-Bed: 4.6% North Luton is leafier, hugging pleasant parks like Wardown. Note: Population estimates are based on information provided by Localstats. Population: 13,100 Luton house prices are around the national average – the average house in Luton currently costs £241,740 compared to around £250,000 in England as a whole. Tin Town is the area of Luton that is houses that are half made from tin, they were built after the war for London overspills to live in. Construction Cost: 125.8m Try specials such as desi chicken – chicken cooked on the bone with aromatic spices and a zesty Indian gravy. Population: 11,700 Caversham. A 10/12 minute drive from the airport. To contact us click here. By registering you accept our Terms of Use and Privacy Policy and agree that we and There’s already been lots of regeneration in Luton, with more planned. All rights reserved. High Town is a cheaper area of Luton with some good value Victorian properties. Sold house prices provided by Land Registry/Registers of Scotland. Area Average Property Price Average Rent Price (pcm) Earley. Living and working in Luton Farley is a residential area made up mainly of older properties and popular with families. 5-Bed: £505k, 1-Bed: £656 PCM Many more are congregated in The Mall, which has 135 stores including Debenhams and H&M. The Dunstable Downs and Chiltern Hills are characterised by their chalky hillsides and offer visitors miles of footpaths to explore. Also in a park is Stockwood Discovery Centre. In Notting Hill, the average cost of a home is, Fulham, known for its wealth and prosperity, is located in. Luton has been named the best … Lewsey to the west of the town covers Lewsey Farm and Lewsey Park. Planning Activity Level: Very High 2-Bed: 4.8% With transformation projects in the pipeline or - in the case of London Luton Airport - already underway, Luton is enjoying an upward trajectory. These properties also have easy access to the park. Area Guide for Luton, LU1 : Luton area guide for Ludlow Thompson Estate Agent,Luton, London, LU1 . Luton is most famous as being a motor manufacturing town – Vauxhall cars and Bedford vans were built here – and also for being a major world centre for hat making. We have sales-solutions for investors that estate agents simply can't include amongst the services that they can reasonably provide, with a guarantee. For ethnic food and clothing, Bury Park and Dunstable Road are retail hotspots, with a wide range of shops selling exotic food and drink. Shopping: Residents have no shortage of shops – the town centre has more than 240 shops, restaurants and retailers to choose from. Round Green is to the north-east of the centre. Luton has been hailed as the best first-time buyer hotspot because of its modest house prices and excellent transport links. With an average price increase of £79,356, it's proven to be a great … Total Est. To the north east of the town centre is Putteridge. Bushmead Road has comfortable three-bedroom post-war semis and detached homes with large gardens. £415,163. Yields in LU3 are typically around 5.2%. The best places to live for 2021 have been revealed, with Dyfed-Powys, Cleveland, Surrey and Bedfordshire among the best. King William. Wardown Park is another favourite beauty spot for locals. Number of Applications: 219 5-Bed: £346k, 1-Bed: £643 PCM Schools in Luton are another major highlight. Average House Price:£268,752. However, just recently the council have ‘revamped’ the houses and they are no longer made of tin and they actually look quite nice. Luton to London St Pancras International takes about 30 minutes. 2-Bed: £202k Festivals in Luton include the St Patrick's Festival. These areas also have good proximity to Luton mainline station and road connections. 1-Bed: £658 PCM £485,182. 3-Bed: £285k 2-Bed: 4.8% Parts of the area have high levels of deprivation although there has been some regeneration. Goods from local traders are also available to residents in Luton Market. 3-Bed: £1,041 PCM Outdoors: The Chilterns area of outstanding natural beauty spans 324 square miles from the River Thames in southern Oxfordshire to Hitchin in Hertfordshire. 3-Bed: £266k There's no commitment - all you have to do is sign up to discover what's on offer - Click below. Average House Price: £288,735. They were meant to be temporary. Airline operators include easyJet and Ryanair. Average House Price: £290,352. Yields are around 5.2%. We can give you access to a wide range of off-market property investment properties, with an average 8%+ annual yield (beating the UK's average of 3-5%, hands down). Ask yourself these 7 questions. Macclesfield. Parts of the area have high levels of deprivation although there has been some regeneration. by L3968DEpetern. Some lovely areas in Luton. Companies located here include Whitbread Court, which serves Whitbread’s businesses, Amazon, 4PX Express, Superdrug/Savers and W.H. New Bedford Road is also worth looking at. Luton, a large town in the English county of Bedfordshire, is the best place to invest in property across England and Wales, according to the latest quarterly index from LendInvest. Barnfield is just to the north of the town centre and is made up of mainly older housing. History: Wardown Park is home to the Wardown House Museum and Gallery. 4-Bed: £1,266 PCM, Studio: 6.3% SK10 1BX ***Based on a search within the London postcode areas (E, EC, N, NW, SE, SW, W, WC) on other UK online property portals. 2-Bed: £835 PCM The ward includes New Town, Park Town, Chapel Langley, Capability Green and most of Luton town centre. Lots from the 1920s, 1930s heyday, especially semis. It also offers yields (LU3) of 5.2%. AutoNet Insurance Services Ltd is authorised and regulated by the Financial Conduct Authority (FCA) (Registration number: 308213). Post-war homes with integrated garages and paved driveways line Ravenbank Road, Cannon Lane and Greenways. Best things to do in Luton . They say that it has a younger-than-average population, which should mean strong demand for property in future – all good news for property investors here. The town was named Britain's most desirable location thanks to its diverse community, public transport and busy town centre but local Tony Margiocchi has spoken out - … Although there’s no University of Luton the University of Bedfordshire, with 14,000 students overall, has six campuses across Bedfordshire including its Luton Campus which includes a new library, postgraduate and CPD centre. The fastest trains from Luton to London St. Pancras take just 24 minutes. It is estimated that this development alone could boost the Luton economy by £68 million. Yields (LU2) are 4.7%. Alternatively, check out the contemporary executive three-and-four-bedroom semi-detached and detached houses with garages on Haycroft. Population: 11,500 This is likely to accelerate now that big commitments to regeneration have been made by the local council, pushing prices above the town's current average of £252,000. Population: 13,300 Dunstable has more expensive house prices than Luton and is a sought after residential area for buyers and renters. (3.2% below the London average), and a 1-bedroom apartment rents for around £2,000 per month. Rental returns based on LU4 are 4.9%. Average House Price: £308,718. Other key roads include the A6 to Bedford and the A505 to London Luton Airport. Wigmore is to the east of Luton and close to the airport. Its hills are perfect for kite flying or walking. Loans Warehouse Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference 713110. Total Est. Average House Price: £237,792. That actually makes Luton one of the cheapest places to invest in property in south-east England. Luton is well known for London Luton Airport. Number of Applications: 189 Quiet two-bedroom house in a friendly area (from 72 USD) Bedroom. They have the best schools in their catchment areas. New Century Park is expected to bring more than 3,000 jobs to the east of Luton and will also include a skate park, children's play area and cafe. In terms of desirable areas to live in Luton, properties along the Old Bedford Road are the most popular. The Buy-to-Let Masterclass, Westminster House, *Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide this mortgage comparison service. Landlords might expect yields of over 5% here. Based on this, here are the best areas to live in Luton. 60 years later they’re still there. Once part of a private estate, the 100-hectare park now has a golf centre, athletics venue, football pitches and a play area. As well as university halls there are a small number of PBSA blocks and students also live in private student accommodation in areas such as the centre, Farley Hill, Icknield, Leagrave and Putteridge. 3-Bed: £1,092 PCM, Studio: 5.8% I used to live in St Albans and Harpenden.Both very nice areas but as others have said mightily expensive. The development will also bring new shops, leisure facilities, a hotel and homes. Yields here are 4.8% in LU5 and 5.7% in LU6. 3-Bed: £1,053 PCM, Studio: No Data It explores the history of the region with exhibits that include Luton's last tram. Population: 7,200 It is important to note that results achieved in property, from following our training courses may vary from user to user. 4-Bed: £400k Open now. Bushmead and Bramingham are both … **Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850. Crawley, based around Crawley Green, is to the south of Luton and is a mainly residential area with lots of 1920s and 30's housing. The centre also has a series of gardens that reflect the changing styles of gardening. Challney is a bit cheaper, or Puttridge, Barton Hills and Bushmead. It includes Marsh Farm, a large social housing estate built from the 1960s onwards which is undergoing regeneration. It’s said that north London is actually closer (and easier to get to) from Luton than it is from south London! © Crown copyright 2021. The spa hotel on the border of Hertfordshire and Bedfordshire was also used in the films 'Wilde' and Stanley Kubrick's 'Eyes Wide Shut'. Luton Council has a selective licensing scheme in the wards of South, Biscot, Dallow, High Town and Farley. 4-Bed: £1,241 PCM, Studio: No Data Average House Price: £290,352. 2-Bed: £843 PCM 2-Bed: £846 PCM It is close to the M1 and also has a station at Leagrave for commuters. Places to see in ( Luton - UK )Luton is a large town, borough and unitary authority area of Bedfordshire, England. Application Success Rate: 70%. Located only 30 miles north of London by train, it's ideally placed for city commuters. Population: 36,000 We also think it is a good town for investors looking for capital growth, as property prices have risen by 30% over the last five years. Population: 8,300 Bushmead, located just off this desirable road, is packed with late-20th-century and modern family homes. Total Est. Family semis built in the 1970s, also with bay windows, can be found down streets such as Granby Road. Population: 7,500 It offers a wide range of property types and is a good value family area. It is mainly a modern housing estate area and popular with families. view more bad areas near Leagrave, Luton (West), Luton, East of England: Lewsey Farm, Luton (West), Luton, East of England learn more: Multicultural metropolitans/Rented family living/Social renting young families learn more: 20 / 100: 16 / 100: £71,250 to £385,000 latest sold prices in Lewsey Farm: 57 / 100: £31,467: 41 / 100 Icknield is a largely residential district to the north of central Luton. The second reception in the film 'Four Weddings and a Funeral' was staged at Luton Hoo, a beautiful former stately home a couple of miles outside of the town, near Harpenden. Among the best is Hillborough Junior School, which received the top rating from Ofsted. our selected partners may contact you with relevant offers and services. Barton Hills National Nature Reserve. Average House Price: £308,718. Follow the road south for leafy detached inter-war homes with sprawling gardens. Many of these properties benefit from spacious gardens. High Town Road has a strip of traditional Victorian-styled shops, including second-hand bookshops and record stores. 4-Bed: £328k Pricing levels, asking prices, growth and yield are taken from Zoopla, Totally Money Buy-to-Let Yield Map and Property Data. Population: 7,700 Construction Cost: 37.0m 2-Bed: £198k Today Luton’s main industries and employers are public administration, health, transport, aviation, logistics and distribution, financial and business services. Dallow is to the south-west of the centre and is a residential and commercial area. Figures may differ; this is the nature of the beast. 4-Bed: 4.5%, Timeframe: April '19-December '19 This combined arts venue hosts live music, club nights, children's activities, workshops and contemporary theatre, dance and music. Dontyoulovecalpol Fri 19-Aug-16 20:10:05. Yields in LU2 are 4.7%. Sundon Park is a suburb including both residential and commercial uses and offering landlords strong yields of around 5.2%. Population: 12,00 Follow it northwards past Milton Keynes, Northampton and Leicester to reach the northern counties. Many of these homes have wide double bay windows, large kitchens and decent-sized gardens. All information below is taken from Property Data. This converted office building has a selection of studio, one-and-two-bedroom apartments, all of which are just a 10-minute walk from the station. 3-Bed: 4.5% It's lined with roomy 1920-30s semis boasting bay windows and gabled roofs. Luton Council has a Luton Investment Framework (LIF) development framework for the town which aims to attract £1.5bn of inward investment and create 18,500 quality jobs for local people. London Luton Airport is currently undergoing a multi-million-pound redevelopment and expansion, which will increase the number of destinations it serves. The first on the list is Barton Hills National Nature Reserve, … The town’s close proximity to London means that Luton tends to attract well known comedians like Jimmy Carr and Ed Bryne among others. Take my advice and go for Harpenden or St. Albans. An even larger festival is held on the last May bank holiday. There is a train that stops at Luton Airport Parkway. A diverse cultural programme is also available at The Hat Factory. The King William is a 17th-century country pub set on a quiet village green just 2 miles … The northern areas of the town tend to be more popular thanks to their tree-lined streets, particularly the ones leading off  Old Bedford Road. The areas north and west of central Luton saw 625 crimes reported in July across areas like Lewsey Farm and Marsh Farm. Historic Sites. Barton Hills, on the north edge of Luton, with countryside just half a mile away, is probably the best area within the Luton Borough. Luton has a population of around 215,000, according to the ONS. Area awash with 3/4/5 bed houses, but it also one of the most expensive. It is close to London Luton Airport so in demand from airport and airline staff. The grand former home's Luton Life Gallery gives a social history of the area and the downstairs rooms are dressed to give an impression of wealthy Victorian life. Bramingham to the north of Luton is centred on the old village of Bramingham with its own shops and services, but a large part of the housing stock is made up of new build houses. Beechwood Road for buyers and renters puts you within easy reach of a home the... Bury Park area of Luton bears hallmarks of its boom days after the First World War in! And detached homes, take a look at the Hat Factory have no shortage of shops the... Access to the north-east of the best areas of outstanding natural beauty spans 324 square miles from the of. 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