Following recent negative news about our town in the local and national press, I thought it would be worthwhile to comment on a recent survey by HSBC, highlight the Buy To Let hotspots around the country.
With excellent transport links, the airport, a thriving University, and a combination of low property prices and good tenant demand, landlords can expect an average yield of 6.12% according to the research carried out by HSBC. This places Luton in the top 15 national hot spots and reiterates what we have been hearing from our landlords, that Luton is a town to invest in. Full details can be found here.
The average property price in the town is £127,473 with average rents of £650 per month.
Whether your are a first time investor or a portfolio landlord, we are always available to dispense impartial advice. Our office is situated on Marsh Road in Leagrave.