Spring Place in UK Luton

1-2 Spring Place, Luton, LU1 5DQ Web Reference: PROP3820
  • Property size 0 Car park
  • Property size 1 Bedroom
  • Property size 1 Bathroom
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William Wang +65 9818 2780 Email us

Spring Place in UK Luton.

UK Student Accommodation Exclusive, Luton.

9% Nett PA Assured for 5 years.

 Project Name  Spring Place, UK Luton.
 Address  Units 1-2 Spring Place, Luton, LU1 5DQ.
 Price  En Suites – £56,700 and Large En Suites – £60,970.
Studios – £67,300 and Larger Studios – £71,600.
 Yield:  9% Net Yield assured for 5 years.
 Length of Lease  250 years.
 Ground rent  £250 per annum.
 Reservation fee  £5,000.
 Payment Structure  30% on exchange, 20% six months post exchange, 30% 12 months
exchange, 20% due at completion.
 Legal fees*  £670 (inc VAT).
 Document fee  £180 (inc VAT).
 Estimated Completion date
 September 2016.


Why invest in Spring Place in UK Luton Student Accommodation?

Bedfordshire University is Home to over 24,000 students from over 100 countries, the national student survey placed the University 28th in the Country for student satisfaction, furthermore the University opened a brand new £34m Campus Centre in 2010. Luton is one of the most under supplied University Towns in the UK due to its rapid expansion.

There are currently only 2,275 available purpose built beds and there is a high demand for further privately funded purpose built accommodation to meet the demand from over 24 000 students. This also allows the University to clear out the limited available private HMO Housing stock in the local area which will help ease the UK housing crisis and furthermore the current student halls are nowhere near the standard expected by today’s student demographic.
Spring Place is located just 0,4 miles (643 metres) from the University of Bedfordshire. Luton has excellent transport links with Luton train station being a 21-30 minutes journey time into Central London.

London Luton airport is located only 2 miles (3.2km) from the development and a number of mainstream and low cost airline operators offer both domestic and international flights.

How large is this Spring Place in UK Luton development? 

This is a New Build with a total of 320 Units across two phases. Phase I in Block A consists of 174 Units in total, 117 En Suite Rooms and 57 Studio apartments. Phase II in Block B consists of 146 Units in total, 85 En Suite Rooms and 61 Studio apartments. And all units will be furnished to a high specification.


Spring Place in UK Luton – Perspectives.


Spring Place in UK Luton | UK Student Accommodation | 9% Nett PA Assured for 5 years

Spring Place in UK Luton | UK Student Accommodation | 9% Nett PA Assured for 5 years


 Spring Place typical floor plan.

Spring Place Cluster (spring place apartments greensboro)



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