Midland House offers high specification apartments with a contemporary design, within a landmark building designed to cater for the London commuter market, within the popular town of Luton. The 1 and 2 bedroom apartments are generously sized in comparison to other new builds within the local market.
Luton is undergoing huge regeneration, which is expected to fuel capital growth with average house prices in the region forecast to grow by 17% by 2025.
Demand for new build rental property is driving tenants to look outside of the established areas of London as there is insufficient supply to meet demand. Central London Development house price growth is also expected to outpace Prime Central London at 18.2% over a 5 year period.
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From a Hat District transforming old hat factories into inspiring workspaces for creative and digital industries, to a new civic, leisure and creative hub at St George’s Square – Luton is on the up.
One of the most affordable commuter towns in reach of the capital, Luton was named the UK’s top property investment hotspots by the Halifax. A £1.5bn programme for new commercial, leisure and housing development is now underway to transform the town into an important satellite location and business hub, supported by the new £200m Luton Airport Parkway station that will connect the airport terminal to London from 2020.
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