The Hive - New Investment Property

The Hive is situated at the heart of a historic site in Luton and delivers the ultimate convenience of modern living to residents while enabling them to benefit from quick links into Central London within 23 minutes. The Hive possesses the perks of big city life outside the capital – without the price tag.

The development, consisting of 67 apartments, gives residents easy access to London St Pancras and King’s Cross on the train and is located only 6 minutes’ drive from the main train station. The Hive offers affordable investments positioned in a hotspot.

The design, fixtures and fittings at The Hive produce a bespoke investment with a focus on quality. All the apartments within the development are fitted with luxury interior specifications, consisting of floor-to-ceiling windows, porcelain tile splashbacks, and integrated appliances.

The Hive is bringing a new standard of development to Luton in terms of what facilities it can offer directly on its grounds. From private terraces for residents to the 24-hour concierge with an exclusive resident app and convenient onsite car parking, The Hive’s facilities have been included with the modern renter’s hectic lifestyle in mind.

Investment Overview

Starting Price
£201,950

Projection by 2029
19.9% Capital Growth

NET Return
5% Projected

Management Option
Available

Annual Rental Income
Up to £16,148

London Commuter Zone
Luton

Facilities & Specifications

Onsite Car Park

Bicycle Storage

Private Terraces

Onsite Concierge

24-Hour Security

Resident’s App

Floor-to-Ceiling Glazing

Integrated Appliances

Key Investment Figures.

Apartment Example: 1 - Bedroom Apartment

Investment:

Property Price: £207,950

Estimated Monthly Rent: £950

Estimated Annual Rental Income: £11,400

Projected Fees:

Service Charge Est: £2.50 per ft²

Management Fees: 7%

Ground Rent: Zero

Further Investment Details:

Leasehold Term: 999 Years

Construction Commenced: Q3 2018

Completion Date: Q4 2024

Just 20 minutes from central London, Luton property still has all the benefits but is significantly cheaper. Investors can break into the London market without paying the premium, and tenants can experience London living without breaking the bank!

A monumental £1.5 billion has been a serious boost to Luton’s local economy, making it a popular and extremely lucrative strategy for investors! Residents can benefit from the exceptional transformations of Luton Mall, the town centre, Luton Airport, and Luton Town Football Club.

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Luton

Luton Parkway Train Station 6 Minutes from The Hive

Named Best Place for London Commuters to Live in 2018

34,000 Luton Inbound Commuters

28% Increase in Housing Demand by 2045

18,500 Extra Jobs Projected

Most Affordable Commuter Town

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London Luton Airport

5 Minutes from The Hive

£1.4 Billion Expansion Scheme

Proposed New Second Terminal

16,000 Anticipated New Jobs by 2039

Plans to be the UK’s Most Sustainable Airport

Flights to Over 140 Countries

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Luton Airport Enterprise Zone

395-Acre Scheme

10,000 Anticipated New Jobs

£200 Million DART Rail Line

2.5-Acre Commercial Development at Bartlett Square

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Luton Town Centre

£20 Million Regeneration Boost for Luton 2040 Vision

£7 Million Upgrade to Luton Point Mall

Power Court Stadium to Open 2027

Top UK Destination for Start-Ups

Over 2000 New Homes

Based in the North West, Legacie Developments has built an impressive portfolio of completed works since its establishment and is responsible for some of the most popular residences in Liverpool and Manchester.

With an established portfolio comprising 28 world-class developments, each completed to an impeccable standard, Legacie Developments specialises in creating luxury living environments in key UK cities.

North West Property Developer of the Year

28 Developments Launched

2,850 Units Sold

£475 Million Completed Projects

Award-Winning Developer

Legacie Developments has gone from strength to strength since its establishment, being recognised on numerous occasions for its world-class work.

From the delicate restoration and redevelopment of listed buildings to pioneering projects that have seen the construction of some of the UK’s most stunning residential highrises, Legacie has cemented its status as one of the principal names in property development.

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Parliament Square

Completed in 2024

1, 2 & 3-Bed Apartments

Multi-Award-Winning Development

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ELEMENT the Quarter

Completed in 2023

En-Suites, Studios & 1-Beds

Best Sustainable Development Award

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Ropemaker Place

Completed in 2018

1 & 2-Bed Apartments

Prime Central Liverpool Location

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Reliance House

Completed in 2018

Studios, 1 & 2-Bed Apartments

City Centre Location

Welcome to The Hive, a highly modern and affordable residential development on London’s commuter belt that pays homage to Luton’s industrial past.

A prime investment opportunity in a sought-after London commuter belt location.

Development Overview Video