Why Invest in Luton?

With a £1.5 billion investment from London Borough council injected into an inward investment programme set to transform the popular commuter town over the next 20 years, Luton property investment stands out in the UK as one of the most attractive prospects for investors looking to seat themselves in a thriving area with increasing popularity going forward.

With a population of over 221,000 and continually rising, a surge in tenant demand is a great answer to the question of ‘why invest in Luton’. Not only is the amount of regeneration and excitement ongoing in the area - generated by new projects such as The Hive - attracting modern tenants, but the town’s status as a perfect alternative spot to expensive apartments in London make Luton investment property a great investment prospect.

Capital growth potential in Luton buy to let is extremely promising, with ongoing regeneration projects in the town including a 395-Acre enterprise zone, a £200 million DART rail line, £7 million in upgrades to Luton mall, and a large-scale transformation to the historic Luton High Town area.

Bridging the gap between central city living in the capital with a more affordable, quieter living space on London’s fringe, Luton buy to let is an extremely popular choice amongst young people and working professionals. Not only can tenants benefit from the perks of big city life and the social/career opportunities that it affords, but they can also enjoy the ongoing growth of the commuter town as its various regeneration projects continue to flourish.

Luton is one of the most affordable commuter towns in the UK, and was voted in 2018 as the best place for London commuters to live. Transport links are plentiful from the Hive specifically, including St Pancras and Luton Parkway Train Station - only 15 minutes away. London Luton Airport - one of the busiest in the country - is also merely 5 minutes from the development, providing plenty of options for the modern professional.

One of London’s finest culinary hotspots - King’s Cross - is an extremely popular spot in the huge city, with attractions not just limited to food and drink. Reachable from The Hive within 22 minutes, it’s an easily accessible and key destination that highlights the accessibility of this Luton buy to let investment. From there, Granary Square is an ideally located canalside public square with an abundance of bars, restaurants and galleries alongside its famous fountains.

Rental demand increase, affordability and proximity to London are factors that all amalgamate to push Luton investment property areas as some of the most promising in the UK right now for investors looking to see steady growth and returns in the coming years.

Luton buy to let property is popular amongst those looking to commute and work within the capital, but there is also plenty of job opportunity within the town itself, too. The area is home to large employers including Vauxhall Motors, AstraZeneca, TUI Travel and Easyjet, and the Luton Airport Enterprise Zone project is also set to create 10,000 jobs.