Located in the eastern County of Bedfordshire, Luton is creating a lot of buzz from the property industry as the next most valuable location to invest and develop property. The town of Luton has seen house prices rise £42,000 in one year. Property values in this booming area have increased by 19.4% in 2016, which is more than twice as fast as the UK’s average and higher than any other town in the country. Properties in Luton now average a price of £256,636.
Luton’s Close Proximity to the Capital Has Made it Favourable Among Commuters
The impressive transport links in Luton have made travel in and out of the town very accessible and attractive to those looking for a short commute to the capital. Central London is just a mere half an hour by train to Luton.
Most of the areas that have experienced the largest house price rises have been observed to be within a close commuting distance to Central London. Luton can attribute its extreme growth in property development and investment in recent years to this.
As Property Prices Rise Substantially in Central London, Many are Seeking Property Outside of the Capital
Regeneration schemes are increasingly taking place outside of the capital’s centre. One of the most promising and successful areas of renewal is Luton. With many areas going under auspicious redevelopment, there is none that can beat the early success and future lucrative potential of Bedfordshire’s Luton.
Galliard Homes has taking advantage of this prime opportunity with Carlton House; an exquisitely transformed office building made up of modern studios and one and two bedroom apartments. Within a short 15 minute walk of the town centre, residents at the exceptional Carlton House will be able to indulge in all the up-and-coming town has to offer.
A Well-Connected Destination
Besides an attractive property market, Luton possesses convenient transport links cross-country as well as air travel extending internationally. Luton railway station offers services to Blackfriars, City Thameslink, Farringdon and St. Pancras International in as little as 24 minutes.
London Luton Airport is the UK’s fifth busiest airport, serving passengers locally and internationally to more than 30 countries and 70 destinations across Europe, the Middle East and North Africa, including the fascinating cities of Amsterdam, Paris, Stockholm and Macedonia.
Vibrant and Memorable Nightlife in Luton
Perfect for the diligent and dynamic community of Luton – nightlife in this Bedfordshire town is never dull. Ranging from vibrant nights of jazz live music and world beers at the Bear Club to sophisticated evenings at the Champagne Bar in the Deco Lounge, Luton certainly does not disappoint.
Deemed “Britain’s Most Desirable Location” - Luton has taken over the flourishing property market due to its attractive appeal of impressive house prices and close proximity to London.
Galliard Homes’ Carlton House, located in Luton, only 15 minutes’ walk from the town centre, will be ideal for both Buy-to-Let investors and first-time buyers. This transformed office building will include studio, one and two bedroom contemporary apartments finished to Galliard’s exacting specifications. First-time buyers can benefit from Help to Buy, whilst a free furniture package and paid Stamp Duty will make this an investment not to miss.