Property description
The Development
785+ residential units, including circa 8,400 sq ft gym facility,
49,600 sq ft retail space, over 200 hotel rooms including banqueting
facility and over 400 car parking spaces
• Residential apartments comprising 108 suites, 379 one bedroom and 298 two bedrooms
• More affordable than London and other major commuter towns
• Prices start from £185,000
• New Home Warranty
• Tenure: 999 Year Lease “Virtual Freehold”
• Low annual service charge and ground rent
• Close proximity to Luton Airport Parkway station with direct services to London King’s Cross St. Pancras and the Eurostar International train connection; Luton town centre; University of Bedfordshire; London Luton International Airport; shopping malls with popular retail outlets, bars, restaurants and the popular Galaxy Entertainment Centre
• Close to major infrastructural developments such as the Luton Direct Air to Rail (DART) project, the Enterprise Zone development, the proposed Luton Football Club and other regeneration projects
• 24 hrs Concierge Services
Transport Links
The site is conveniently located and has excellent transport connections to major UK cities and towns:
• Luton Airport Parkway rail station – 0.1 mile or 2-minute walk
• London Kings Cross St. Pancras for the Eurostar International train connection and central
London – 23 minutes by train (Network Rail train timetable). Luton rail station is within a walking distance
• Luton Airport – 1.0 mile or 4-minutes by Bus
• Luton town centre and shopping mall – 1.2 miles or 4-minutes by Bus
• University of Bedfordshire – 0.8 mile or 2-minutes by Bus or 15-minute walk
• M1 motorway – 7.6 miles or 10-minute drive for easy access to M25 and A1 motorway for easy access to London and Midlands
THE GOLDEN TRIANGLE
Luton has the advantage of being within the ‘Golden Triangle’ of Cambridge, Oxford and London, which is home to the world’s top universities.
Cambridge
Just 40 miles from Luton is the university city of Cambridge, home to more than 18,000 students from all walks of life and all corners of the world, over 11,000 staff, 31 Colleges and 150 Departments, Facilties, Schools and other institutions. There are over dozen daily bus service between Luton and Cambridge.
Oxford
The collegiate research university of Oxford is just 37 miles from Luton. Home to 38 colleges with 24,000 students, including 11,747 undergraduates and 11,687 postgraduates, from more than 150 countries, Oxford employs in excess of 13,600 people.
Daily buses connect Luton and Oxford in a journey time of 1h35m.
Bicester village
This luxury destination, 42.6 miles from Luton, is home to more than 160 boutiques of world-famous brands, each offering exceptional value with savings of up to 60% on the recommended retail price all year round. Together with a selection of restaurants and cafés, the Village offers luxury services that include Valet Parking, Hands-free Shopping, the award-winning Bicester Visitor Centre, and onsite tax refund and money change service. Bicester Village is easily accessible from Luton with regular bus, train and taxi services.
Specification
GENERAL SPECIFICATIONS
• White Painted walls and brilliant white finish smooth ceilings
• Satin white finish door linings, architraves and skirtings
• White finish internal doors
• Brushed stainless steel door furniture including lever door handles
• White switch and socket plates
• Video entry phone system
• Recessed downlighting in kitchen and pendant ceiling lighting to reception and bedrooms
• Thermostatically controlled central heating via flat panelled radiators
• Pressurised hot and cold-water supplies
• Sound proofed triple glazing throughout
• Mechanical air ventilation system
LIVING/DINING
• Wood plank effect flooring.
• Floor to ceiling windows
• TV socket set to living room (Sky+) subject to subscription. All TV socket sets to include digital radio and terrestrial sockets
• White telephone and data sockets to living/dining area
• Pendant lighting to ceiling
KITCHENS
• Wood plank effect flooring
• Bespoke, single tone, designer kitchen units with base level finish, soft close doors and concealed handles
• Vinyl worktop with porcelain tile splashback Zanussi fully integrated electric appliances to include: -
1. Single low-level oven
2. Electric incudtion hob
3. Integrated cooker hood
4. Washing machine (freestanding if within utility cupboard)
5. Fridge/ Freezer
• Stainless steel bowl under-mounted sink with contemporary mixer tap and drainer
• Low energy unit under lighting
• Plumbed for dishwasher
ENTRANCE
• Wood effect flooring
• Audio/visual entry phone system connected to communal entrance door
COMMUNAL AREAS
• 24/7 concierge & services
• Lifts to all apartment levels
• Independent entrance foyers serving each core with stair and lift access
• Multi levelled private residents roof gardens
BEDROOMS
• Wood Plank effect flooring
• Floor to ceiling windows
• TV socket set to all bedrooms
(Sky) subject to subscription
• All TV socket sets to include digital radio and terrestrial sockets
• Pendant ceiling lights
• Telephone and data extension sockets to all bedrooms
BATH & SHOWER ROOMS
• Large format tiled floor and porcelain tiled walls to wet areas
• Steel/ enamel shower tray, chrome adjustable overhead shower column and low level hose and handset
• Steel/ enamel bath (selected apartments) with integrated bath filler and waste stystem\
Chrome adjustable overhead shower column and low level hose and handset
• Contemporary floor mounted WC, chrome wall flush, push plate
• Semi recessed ‘cube’ basin with chrome mixer tap and pop-up plug
• Chrome plated, electric heated towel rail
• Clear glass frameless bath screen/shower enclosure
Specification correct at time of going to press.
Materials, brand and items will be subject to availability through manufacturers at time of order and may be subject to change.
Interior and exterior images are computer generated and may be subject to change.
• 24 hrs Concierge Services
• Restaurants and Bars
• Secure Parking (Subject to availability)
• Bicycle Storage
• Roof & courtyard gardens for private residents (Phase 1: 1900m2)
• Boutique Retail
• Hotel
• Convention Centre
• Convenience Stores
• Storage / Recycling Centre
• Public realm (10,000 sq m)
• Provisions made to include supermarket, childcare and pharmacy
Architects
Flanagan Lawrence & Stuart Forbes Associates
Interior Designs
Flint Interiors
Landscape Design
Gillespies
Estimated Completion
Q2 2021
Lease Period
999 Years
Service Charge
£2.50 per sq ft
Ground Rent
Ranging from £185 to £340 per annum based on
apartment sizes
Local Authority:
Luton Borough Council
Starting Price at £185,000
Car Parking Spaces
Parking spaces available for selected apartments
*Interior and exterior images are computer generated and may be subject to change.
• Top ten buy-to-let hotspot in terms of rental yield, rental growth and capital appreciation
• 3.72% rental growth between Q1 2017 and Q1 2018
• Rental (asking rent) yields for apartments higher than London and other commuter towns, up to 6% depending on bed size†
• Rent per calendar month for apartments within half a mile radius is up to £900 for
1 bed flats, £1,100 for 2 bed flats and £1,365 for 3 bed flats†
• Average price paid for apartments has increased by 58.4% in the last 5 years and 310% in the last 20 years. This exceeds London average capital gain of 28.9% and 280% in the same period†
• Let and efficiently managed by our experienced in-house lettings team and customer relations
manager
• Longer term tenancies, which will reduce void related costs and improve net rental yield
First-time buyers & home movers;
Homes within the £300,000 price range
Source: ( ... ), August 2018 • First-time buyers and home movers with deposit from as low as £9,250 (5% of the market price with
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