Price :Starting from £179,900
Rental Yield :6% Estimated
Completion Date :Q2 2021
Deposit Interest :N/A
Tenure :999 years
Developer :Assetcorp Group
A true icon towering over the London Commuter town of Luton, offering luxury 21st century living for professionals looking to enjoy living and working in this continually expanding town.
Designed with London Commuter residents in mind, these apartments will surpass expectations, delivering all the style and amenities required for luxury 21st century living.
Ideally situated for commuting to London the development lies within close proximity of the mainline station, accessible by a short walk. This urban convenience is ideal for professionals looking to enjoy living and working in this continually expanding town.
Designed to meet the expectations of modern living, The Orion in Luton is an impressive new residential tower comprising of 67 high-end apartments. The luxury homes include a mix of one and two bedroom residences, ensuring the apartments appeal both to modern renters and to investors looking for a residential property with a strong investment case. Additional features at The Orion include on-site parking.
Just minutes from Luton train station (22 minutes to London St Pancras International) and the town centre, The Orion has been designed to appeal to professional tenants, with those commuting into London firmly in mind. The stylish apartments provide a luxurious setting from which residents can enjoy the best that both Luton and London have to offer.
Once complete, The Orion will become Luton’s joint tallest building. The apartments have been futureproofed with high specification features that appeal to owner occupiers and tenants alike, ensuring that The Orion impresses both inside and out.
Offering an unrivalled standard of living in LU1, the striking tower offers a contemporary, modern design with plenty of outside space in the form of balconies. Internally, The Orion’s apartments have been designed to provide luxury at every turn.
Luton is an established London commute town where property prices are still relatively affordable compared to many other towns and cities in the southeast region and other commuter towns.
Now that the UK Government has classified Luton as an enterprise zone and is benefitting from £1.5 billion in private investment and with over 18,500 new jobs projected, this has generated strong demand in Luton for town centre accommodation. Due to both increasing Greater London apartment prices and crucially rising rental values, London’s commuter belt is thriving with a massive increase in popularity.
Rents in Luton climbed by 3.7% over the last 12 months, and property prices increased by a strong 8.5% over the same time period (HM Land Registry). Furthermore, Industry experts project that property prices in Luton will rise substantially over the next 5 years.
With excellent transport links; direct trains to central London in 23 mins, served by the M1 motorway (a major UK road artery) and one of London’s four major international
airports on its doorstep Luton already has
Luton Station – 10 min walk
London Kings Cross – 23 mins by train