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Category:B
Investor ProfilePension, Business, University, Downshifter and Cash&Equity
Population aged 15+:138,028
ActualNational Average
Percentage Class ABC1:48%44%
Crime:ViolenceSexualBurglaryMotor
Per 1000 population1311010
Yield Range:5.6% - 9.4%
Price Ranges  Low £Hi       £Low £pwHi £pwLowHi
Flats&maisonettes52,00078,000941278.5%9.4%
Terraced80,800121,2001441958.4%9.3%
Semi-detached105,600158,4001432016.6%7.0%
Detached144,800217,2001742355.6%6.2%
Valuations above the national average by:0%
ActualNational Average
Capital growth last 12 months:24%18%
Capital growth last 5 years:97 

80%

Large employers in the area:Many
Demand For Letting:Excellent
Average void period:1 week
Total

(out of 10)

Capital Growth

(out of 5)

Yield

(out of 5)

Out of 10:734
 Summary:Fast growing and expanding airport that can only spell long term potential for the town.
 

Description:

Luton is the economic generator for Bedfordshire and surrounding counties. It is set to consolidate its current successes and to develop new opportunities for businesses and jobs, because it has all the main ingredients for future success. It has an excellent transport infrastructure. More and more passengers, especially business passengers, are choosing to use the airport (6.5m passengers in now compared to 1.9m passengers five years ago. There is access to the M1 and the M25 and there is an excellent rail service - London Luton Airport Parkway.  The journey to Kings Cross takes less than 30 minutes and there are up to 11 trains every hour to the capital. A free shuttle bus takes passengers to and from the terminal.

The airport is a huge generator of employment in the area and it will be a magnet for businesses--not only airport-related businesses, but the corporate headquarters that are moving to towns such as Luton. This is good news.

Prudential Insurance has invested millions of pounds in refurbishing the Arndale centre, which is the main shopping centre. The refurbishment has increased the centre's attractiveness to shoppers and has led to new retail outlets setting up there.  Vauxhall has invested its money in Luton, preferring to stay there rather than move to other European locations.

There are over 12,000 students at the University Of Luton and there is limited student accommodation provided by the university so there is good demand for private properties.  The university welcomes landlords to approach them with their listings.

 Mainline railway station:35 minutes to Kings Cross Thameslink
 

Road Access:

Main access A6 & M1

35 miles north of Central London

2 miles from M1

 Local NewspaperLuton News & Dunstable Gazette 01582 700600
 Estate Agents:NameAddressTelWeb
Derek Wood Residential599 Hitchin Road

Stopsley

Luton

LU2 7UW

01582 31502
Burlingtons Estate Agents5e Riddy Lane

Luton

LU3 2AD

01582 580500www.luton-properties.com
Taylors Estate Agents27 George Street

Luton

LU1 2AF

01582  456622
Kirkby & Diamond1 Union Street

Luton

LU1 3AN

01582 738866
Nu Concept Estate Agents54 New Bedford Street

Luton

LU1 1SH

01582 420202
Hartwell Estate Agents34 Wellington Street

Luton

LU1 2QH

01582 729000
 Letting Agents:NameAddressTelWeb
Lenwell Property Services8, Wellington St
Luton Bedfordshire
LU1 2QH
01582 616263www.lenwell.com