Lu2on is a mixed use development comprising of 650+ residential apartments, 49,600 ft retail space, over 200 hotel rooms including banqueting facility and over 400 car parking spaces. It has a close proximity to Luton rail station and Luton city center.
The area and building has facilities like the gym, concierge services, restaurants & bars, convention center, convenient stores and garden terrace for residents etc. The development is expected to start in Spring 2019 and complete by Q1 2021.
The investment gains in Luton is very high despite not being in London. It has achieved 3.72% rental growth between Q1 2017 and Q1 2018 and is among the top ten buy-to-let hotspot in terms of rental yield, rental growth and capital gains.
The payment plan for the project is
GBP 1,000 per unit to book them the payment terms are:
10% on exchange (14-21 days)
Balance on completion- 2021 first quarter.
Exact location- LU2 0SX
Kimpton Rd, Luton, UK